VOL. XLV

No 27

8-July-2002

IRAN

Iranian Contractors May ReceiveLoans From Public Funds, Says Zanganeh

Irans Oil Minister Bijan Zanganeh announced at a Tehran conference on 30 June that Iranian contractors working onoil ministry projects may qualify to receive loans from the governmentsforeign currency reserve, in order to fund work programs. The official newsagency IRNA quoted Mr Zanganehas saying: A proposal is being studied to provide funds to Iranian contractorsfrom the public sector. If...