Oct 20, 2004, 12:01 AM
News ID: 8950200
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industry to earmarked fund reserve forex from bn 2.7 Dlrs

Oct 20, 2004, 12:01 AM
News ID: 8950200
industry to earmarked fund reserve forex from bn 2.7 Dlrs here said official An -- IRNA 20, Oct prov, Khorassan Bojnourd, from withdrawn been has credit of billion 2.7 dlrs over that Wednesday industrial to allocated and (FERF) Fund Reserve Exchange Foreign March, Started) year Iranian current the of half first the in projects .(20 Ali Affairs provincial for Mines and Industry of Minister Deputy projects 966 to allocated was sum the that IRNA told Yazdani .country the throughout unprecedented is industry the to funds of amount this Earmarking the reducing to lead will this that hope expressing said Yazdani .nation the in rate unemployment the end this to and jobs creating to key are investors Private to plans up drawing to attention special pay should planners national .investors foreign and domestic for support strengthen obtain to eligible not are companies government-affiliated The non-governmental the to out paid only is which fund the from loans mines and industry the of projects priority the for and sector .ministry of investments capital with plants, manufacturing other Several operative be will FERF, the from withdrawn also million 820 dlrs over development the in last the is which year current the of end the by .added he plan, that August in here said official Ministry Mines and Industries An gross the in year last the in sector industrial the of rate growth the constant at -- billion 379,006 rls at stood (GDP) product domestic .1998 20, March on ended which 1376 year Iranian the for prices and Administration for Mines and Industry of Minister Deputy figure the that reporters told Sepahvand Alireza Affairs Financial .year previous the in figure the to compared higher percent 1.6 was last percent 5.17 at stood GDP the in share sector's the said He the for figure the to compared higher percent four also is which" year ".before year rls of value-added an generated also sector the said Sepahvand the than higher percent 11" year, last economy the in billion 66,148 ".before year targets the exceeded has value-added industry the of growth The (2000-2005 March) Plan Development Five-Year Third the envisioned same the in percent 4.15 impressive an capped value-added mining while .added he period, 1771/2324
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