Providing financial resources to solve the electricity imbalance from the National Development Fund

According to Energy Press, Farshid Ahmadi stated: In the last two and a half years, nearly 3 billion dollars have been paid and spent to complete the previous plans of the fund. At the current point in time, the interest rate of this facility is 8%, of which 5.5% is the share of the National Development Fund and 2.5% is the share of the operating bank. This year, the total foreign exchange call issued by the National Development Fund is 8.3 billion dollars, and 19 operating banks, including state and private banks, have been identified as the operating banks of the fund’s contract.
According to the announcement of the National Development Fund, he stated that so far 13 banks have submitted their written requests to the fund with the amount of 6.5 billion dollars, adding: 6 other banks are also requesting the remaining 1.8 billion dollars and we hope that these 19 The bank can act as our intermediary with the economic activists and the National Development Fund can finance the projects under the conditions mentioned.
According to the director of investment and financing of the National Development Fund, in the field of foreign exchange agency contracts, the National Development Fund has financed nearly 36 billion dollars of projects and has supported and implemented more than 323 projects in this way. About 31 billion of these resources have now been paid and have been used in the form of projects in the fields of oil, gas, industry, mining, agriculture, infrastructural projects, including power plants and water basins, from desalination to large water transfer projects.
Ahmadi continued: In addition to this, the National Development Fund has supported 46 projects in the field of oil, gas and petrochemicals with about 3.6 billion dollars through foreign currency deposits, and in total, nearly 370 projects have been financed with foreign currency resources of the fund. .
He said: “Fortunately, with the help and follow-up of the president and members of the executive board, managers and a group of loved ones active in the National Development Fund, 9 billion dollars from the outstanding claims of the fund have been collected at a very good speed, but there is still a long way to the desired point and it is about 18 to There are 20 billion dollars of pending claims, which undoubtedly, with the coordination of the economic team of the 14th government, these remaining pending claims will be returned to the fund and will be spent on the goals specified by the legislator.
Full support of the fund for the economic programs of the 14th government
The investment manager of the National Development Fund welcomed the views of Dr. Mezikian in looking at the top documents such as the 7th Development Plan and emphasized: the role of the National Development Fund in helping the government and the mutual coordination of the economic team of the 14th government with the fund, which requires having a common vision. A system like this works like a catalyst. The issue of time also plays a key and important role in achieving the goals of establishing the National Development Fund and, accordingly, providing the resources needed to implement the government’s economic programs.
The important role of national wealth funds in the world
He explained: Wealth funds similar to the National Development Fund have three different roles in the world. First, the stabilizing role that is used in reducing the fluctuation range of government revenues and is one of the goals of setting up and establishing wealth funds. The second role is the protection role, which is responsible for preserving the future generations’ share of the country’s resources. The third role is the role of development, which actually plays a prominent role in the plans of the world’s wealth funds. In our country, of course, the establishment of a foreign currency reserve account was established with the philosophy and purpose of playing a stabilizing role.
Ahmadi added: According to Article 16 of the Law on Permanent Provisions of the Development Programs of the Country, which is included in the statute of the National Development Fund, it is stated in one sentence that the purpose of the establishment of the National Development Fund is to convert part of the profits from the sale of oil and gas, gas condensates and petroleum products into lasting wealth. And it is the generator of economic generative capitals as well as preserving the share of future generations from oil and gas and petroleum products.