National Development Fund of Iran
صندوق توسعه ملی
Sovereign wealth fund (Iran)
🚫 Sanctions record
National Development Fund of Iran (Sovereign wealth fund (Iran)) is designated on the US Treasury's OFAC Specially Designated Nationals (SDN) list under the IFSR, IRGC, SDGT programs. Artesh has recorded 27 mentions in news coverage, most recently on September 1, 2026.
- Listed name
- NATIONAL DEVELOPMENT FUND OF IRAN
- Programs
- IFSR, IRGC, SDGT
- Match
- Exact name match; not yet confirmed by Artesh editors
A sanctions designation is an administrative measure, not a criminal conviction. Always confirm identity against the official record. See all sanctioned entities in our coverage.
⚠️ Adverse Media Flags
📰 Recent Mentions
View Timeline →NDF urged to focus on profitable investments for foreign currency generation
The Iranian Minister of Economic Affairs and Finance has called for the National Development Fund (NDF) to engage in significant investments, particularly in the oil…
NDF Allocates $1 Billion to Agriculture Ministry to Enhance Food Security
The National Development Fund (NDF) has allocated $1 billion in foreign currency facilities to Iran's Ministry of Agriculture to bolster strategic reserves and ensure food…
NDF Allocates $2 Billion to Enhance Trade in Iran's Border Regions
The National Development Fund (NDF) of Iran has allocated $2 billion in foreign currency to enhance trade in border regions, reflecting the government's strategic focus…
Iran Hosts International Exhibition to Boost Financial and Digital Investment Opportunities
The Trade Promotion Organization of Iran is organizing the 18th International Exhibition of Financial System, Investment and Digital Infrastructure, aiming to attract participation from national…
Khamenei Approves $5.8 Billion Withdrawal from National Fund to Settle Government Debts
Iran's Supreme Leader, Ayatollah Ali Khamenei, has authorized the withdrawal of over $5.8 billion from the National Development Fund to address the government's urgent debts…
Economy Minister's Reaction to Dollar Reaching 72,000 Tomans: It Has Nothing to Do with the Government
Iran's Economy Minister Abdolnaser Hemmati claimed that the recent surge in the dollar rate to 72,000 tomans is unrelated to government actions, attributing it to…
Iran's Economic Council Approves 'Emergency Oil Production Increase' Plan
The Iranian Economic Council has approved a plan to increase oil production by 250,000 barrels per day, which is seen as crucial for boosting the…
200% Increase in Military Spending in the Islamic Republic's 'Borrowed Budget'
The Iranian government announced a 200% increase in military spending for the next budget year, citing the need to strengthen defense capabilities. Critics argue that…
Parliament Research Center: Government Will Not Meet Projected Oil Revenues This Year and Next
The Iranian Parliament Research Center has reported that the government will not meet its projected oil revenues for this year and next, citing a significant…
Fourfold Increase in Armed Forces' Share of Iran's Oil and Gas Export Revenues
The Iranian government plans to allocate 51% of its oil and gas export revenues to the armed forces in the 1404 budget, significantly increasing their…
Minister of Economy Reports Budget Shortage and Withdrawal from the National Development Fund
Iran's Minister of Economy reported a budget deficit for 1403, leading to withdrawals from the National Development Fund to cover shortfalls in targeted subsidies and…
Head of Iran's National Development Fund Warns Against Khamenei's Approval of 'Temporary Reduction' of Fund's Share from Oil Revenues
Mehdi Ghazanfari, head of Iran's National Development Fund, warns against Khamenei's approval of a temporary reduction in the fund's share from oil revenues, which could…
Chamber of Commerce Report on Severe Losses in Iran's Petrochemical Industry Due to Gas Shortage
The Iranian Chamber of Commerce has reported severe losses in the petrochemical industry due to a gas shortage, with significant impacts on production and exports.…
Iran's Government Debt to Central Bank Increased by 72% in June
Iran's government debt to the Central Bank surged by 72% in June compared to last year, raising concerns about fiscal sustainability. The total debt has…
Withdrawal of $6 Billion from the Central Bank and Iran's Development Fund to Cover Budget Deficit
Iran's parliament has revealed a significant budget deficit for the year 1402, leading to a withdrawal of $6 billion from the Central Bank and National…
Gas Consumption Alarm Sounds; Gas Supply Far Off; Gas Cutoff Very Close
Iran is facing a gas consumption crisis as daily usage has surpassed 70% of production due to a drop in temperatures. Government officials are urging…
Budget Dispute for 2024; Reaction of the Budget and Planning Organization to the Joint Commission's Resolutions: Resolutions Have Financial Burden and Are Not Final
The Iranian Parliament and government are in a dispute over the 2024 budget, with the Budget and Planning Organization rejecting recent resolutions from the Joint…
The Islamic Republic's Broadcasting Organization: The Most Loss-Making Entity in the Country; An Organization with a Large Budget for Few Audiences
The Iranian parliament has mandated a significant increase in funding for the Islamic Republic's Broadcasting Organization, which is currently the most loss-making entity in the…
National Housing in Coma; Khamenei Approved $2 Billion for This Plan
Supreme Leader Khamenei has approved $2 billion for the National Housing Movement, yet applicants struggle to afford their share. The project has seen low construction…
Raisi's Government Sets Another Record; Highest Withdrawal from the National Development Fund
The Raisi administration has set a record for withdrawals from the National Development Fund, averaging $1.12 billion monthly, raising concerns about the fund's sustainability and…