Iran Unveils Mega Investment Fund to Boost Development

Iran's first “mega investment fund” with an initial capital of 6.5 trillion rials (about $54 million) was launched on Sunday to help the economy cope with U.S. sanctions

Most of the initial capital of the fund named Setaregan was provided by state and religious entities such as the Execution of Imam's Decree Headquarters, Mostazafan Foundation, Astan-e Qods-e Razavi and the Islamic Propaganda Organization.

More: https://en.radiofarda.com/a/entities-under-khamenei-s-supervision-form-iran-s-first-mega-investment-fund-/30301833.html


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