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IDB allots $150mln to Iran’s development plans

Posted on 03 June 2009

From Tehrantimes.com: The Islamic Development Bank (IDB) has earmarked $150 million for five of Iran’s development projects, IRNA quoted deputy finance and economic affairs minister as saying on Tuesday.

Hamid Purmohammadi said that in the 4th annual meeting of the board of governors of the IDB, the bank approved to allocate $60 million for the construction of Kahir Dam in Sistan Balouchestan Province of Iran, and $60 million to four more development projects related to tire manufacturing and lead and zinc mines in the country……..Full Article: Source

 
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