Middle East Economic Survey

VOL. XLIX

No 5

30-January-2006

IRAN

OSF Balance Put At $15BnThe head of Irans Management and Planning Organization (MPO) Farhad Rahbar told the Tehran daily Hamshahri of 25 January that the Oil Stabilization Fund (OSF) has a balance of $15bn which is due to rise to $25bn by the end of the current Iranian year 1384 (20 March 2006). In the past, officials have not usually been transparent about the OSF content or allocations to projects it had financed. Mr Rahbar also...