Foundation of Martyrs and Veterans Affairs

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The Foundation of Martyrs and Veterans (Persian : بنیاد شهید و امور ایثارگران), Affairs is an Iranian foundation that receives its funding directly from the national budget. Mohammad-Ali Shahidi is the current director of the organization. The Foundation gives home loans to Disabled Veterans and the families of the martyrs. It has reportedly loaned 120 million rials to urban families and 150 million rials to rural families. [1] The Foundation is also involved in numerous economic endeavors, much like the Mostazafen Foundation of Islamic Revolution. [2]

Persian language Western Iranian language

Persian, also known by its endonym Farsi, is one of the Western Iranian languages within the Indo-Iranian branch of the Indo-European language family. It is primarily spoken in Iran, Afghanistan, and Tajikistan, Uzbekistan and some other regions which historically were Persianate societies and considered part of Greater Iran. It is written right to left in the Persian alphabet, a modified variant of the Arabic script.

Bonyad foundation

Bonyads are charitable trusts in Iran that play a major role in Iran's non-petroleum economy, controlling an estimated 20% of Iran's GDP, and channeling revenues to groups supporting the Islamic Republic. Exempt from taxes, they have been called "bloated", and "a major weakness of Iran’s economy". They have also been criticized for reaping "huge subsidies from government", while siphoning off production to the lucrative black market and providing limited and inadequate charity to the poor.

Mohammad-Ali Shahidi Iranian politician

Hojjatoleslam Seyed Mohammad Ali Shahidi Mahallati is an Iranian cleric and politician who currently serves as Director of Foundation of Martyrs and Veterans Affairs. In 2009, former president Mahmoud Ahmadinejad, established the post of Chief Inspector, and put Shahidi as the first leader. However he was replaced on the July 20, 2011. He is brother-in-law of Ali Akbar Nategh-Nouri and Abbas Ahmad Akhoundi.

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Economic activity

The Foundations economic activity includes participation in a joint venture with the Industrial Development and Renovation Organization and Iran Electronics Industries' Defense Ministry subsidiary, the Iran Electronic Development Company. In March 2004, this company was part of a consortium that won a mobile-phone license from the Iranian government, but the deal fell through because of political objections.

Iran Electronics Industries

Iran Electronics Industries or Integrated Electronics Industries(IEI, Persian: صنایع الکترونیک ایران; also known as صاایران) is a state-owned subsidiary of Iran's Ministry of Defense. It is a diversified organization with operations in electronics, optics, electro-optics, communications, computer and semiconductors.

See also

Economy of Iran national economy

The economy of Iran is a mixed and transition economy with a large public sector. It is the world's eighteenth largest by purchasing power parity (PPP). Some 60% of the economy is centrally planned. It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange, one of the best performing exchanges in the world over the past decade. With 10% of the world's proven oil reserves and 15% of its gas reserves, Iran is considered an "energy superpower."

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Politics of Iran

The politics of Iran take place in a framework of a theocracy in a format of syncretic politics that is guided by Islamic ideology. The December 1979 constitution, and its 1989 amendment, define the political, economic, and social order of the Islamic Republic of Iran, declaring that Shia Islam of the Twelver school of thought is Iran's official religion.

Economic Cooperation Organization

The Economic Cooperation Organization or ECO is a Eurasian political and economic intergovernmental organization which was founded in 1984 in Tehran by the leaders of Iran, Pakistan, and Turkey. It provides a platform to discuss ways to improve development and promote trade and investment opportunities. The ECO is an ad hoc organisation under the United Nations Charter. The objective is to establish a single market for goods and services, much like the European Union. The ECO's secretariat and cultural department are located in Iran, its economic bureau is in Turkey and its scientific bureau is situated in Pakistan.

The Iranian rial is the currency of Iran.

Bank Melli Iran Iranian banking and financial services corporation

Bank Melli Iran is the first national and commercial retail bank of Iran. It is considered as the largest Iranian company in terms of annual income with a revenue of 364 657 billion Rials in 2016. It is the largest bank in the Islamic world and in the Middle East. By the end of 2016, BMI had a net asset of $76.6 billion and a vast network of 3.328 banking branches; so it is known as the largest Iranian bank based on the amount of assets. The brand of BMI was recognized as one of the 100 top Iranian brands in 10th National Iranian Heroes Championship in 2013. The National Bank has 3328 active branches inside, 14 active branches and 4 sub-stations abroad and it has 180 booths. The first managing director of BMI was Kurt Lindenblatt from Germany. Also, the first foreign branch of BMI was opened in Hamburg, Germany in 1948.

Iran had a comprehensive and effective program of family planning since the beginning of the 1990s. While Iran's population grew at a rate of more than 3% per year between 1956 and 1986, the growth rate began to decline in the late 1980s and early 1990s after the government initiated a major population control program. By 2007 the growth rate had declined to 0.7 percent per year, with a birth rate of 17 per 1,000 persons and a death rate of 6 per 1,000. Reports by the UN show birth control policies in Iran to be effective with the country topping the list of greatest fertility decreases. UN's Population Division of the Department of Economic and Social Affairs says that between 1975 and 1980, the total fertility number was 6.5. The projected level for Iran's 2005 to 2010 birth rate is fewer than two.

Central Bank of Iran Iranian Central Bank

The Central Bank Iran (CBI), also known as Bank Markazi, officially the Central Bank of the Islamic Republic of Iran is the central bank of Iran. Established under the Iranian Banking and Monetary Act in 1960, it serves as the banker to the Iranian government and has the exclusive right of issuing banknote and coinage. CBI is tasked with maintaining the value of Iranian rial and supervision of banks and credit institutions. It acts as custodian of the Crown Jewels, as well as foreign exchange and gold reserves of Iran.

Vice President of Iran

The Vice President of Iran is defined by article 124 of the Constitution of Iran, as anyone appointed by the President of Iran to lead an organization related to Presidential affairs. As of July 2009, there are 12 Vice Presidents in Iran. The First Vice President is the most important as he or she leads cabinet meetings in the absence of the president.

Construction industry of Iran

The construction industry of Iran is divided into two main sections. The first is government infrastructure projects, which are central for the cement industry. The second is the housing industry. In recent years, the construction industry has been thriving due to an increase in national and international investment to the extent that it is now the largest in the Middle East region. The Central Bank of Iran indicate that 70 percent of the Iranians own homes, with huge amounts of idle money entering the housing market.

Refah Bank Iranian banking and financial services corporation

Bank Refah Kargaran, also known as Bank Refah, is one of Iran's major banks. Bank Refah, with its headquarters in Tehran, Iran, is a retail commercial bank owned and controlled by Social Security Organization of Iran. Bank Refah provides a full range of products and services to more than a million clients. Its SWIFT address is REFAIRTH.

According to the Fourth Five-Year Economic Development Plan (2005–2010), the Privatization Organization of Iran affiliated with the Ministry of Economic Affairs and Finance is in charge of setting prices and ceding shares to the general public and on the Tehran Stock Exchange. The privatization effort is primarily backed by reformist members of the Iranian government and society who hope that privatization can bring about economic and social change.

Following the Iranian Revolution, Iran's banking system was transformed to be run on an Islamic interest-free basis. As of 2010 there were seven large government-run commercial banks. As of March 2014, Iran's banking assets made up over a third of the estimated total of Islamic banking assets globally. They totaled 17,344 trillion rials, or US$523 billion at the free market exchange rate, using central bank data, according to Reuters.

Outline of Iran Overview of and topical guide to Iran

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Water supply and sanitation in Iran has witnessed some important improvements, especially in terms of increased access to urban water supply, while important challenges remain, particularly concerning sanitation and service provision in rural areas. Institutionally, the Ministry of Energy is in charge of policy and provincial companies are in charge of service provision.

Mostazafan Foundation organization

The Mostazafan Foundation of Islamic Revolution formerly Bonyad-e Mostazafan va Janbazan is a charitable bonyad, or foundation, in the Islamic Republic of Iran, the second-largest commercial enterprise in Iran behind the state-owned National Iranian Oil Company and biggest holding company in the Middle East. According to one of the foundation's former directors, Mohsen Rafighdoost, Mostazafan allocates 50 percent of its profits to providing aid to the needy in the form of low-interest loans or monthly pensions, while it invests the remaining 50 percent in its various subsidiaries. With over 200,000 employees, it owns and operates approximately 350 subsidiary and affiliate companies in numerous industries including agriculture, industry, transportation, and tourism. Bonyad-e Mostazafan va Janbazan represented approximately 10 percent of the Iranian government’s annual budget in 2003. the MJF has an estimated value of more than $3 billion.

EN Bank, also known as Eghtesad Novin Bank is the Islamic Republic of Iran's first private bank established by the Eghtesad Family offering retail, commercial and investment banking services in Iran. The company was established in 2000 as a part of the government's privatization of the banking system.

National Development Fund of Iran

The National Development Fund of Iran (NDFI) is Iran's sovereign wealth fund. It was founded in 2011 to supplement the Oil Stabilization Fund. NDFI is independent of the government's budget. Based on Article 84 of the Fifth Five-year Socio-Economic Development Plan (2010–2015), the National Development Fund was established to transform oil and gas revenues to productive investment for future generation. It is a member of the International Forum of Sovereign Wealth Funds and therefore is signed up to the Santiago Principles on best practice in managing sovereign wealth funds. Withdrawing any money from this fund requires Supreme Leader's permission.

Execution of Imam Khomeinis Order

The Execution of Imam Khomeini's Order (EIKO),, also known as the Executive Headquarters of Imam's Directive, is a parastatal in the Islamic Republic of Iran, under direct control of the Supreme Leader of Iran. It was created from thousands of properties confiscated in the aftermath of the 1979 Islamic Revolution. A Reuters investigation found that the organization built "its empire on the systematic seizure of thousands of properties belonging to ordinary Iranians", also seizing property from members of religious minorities, business people and Iranians living abroad; at times falsely claiming that the properties were abandoned.

References

  1. "The Rise of the Pasdaran: Assessing the Domestic Roles of Iran's Islamic Revolutionary Guards Corps" (PDF). Retrieved 2017-10-01.
  2. [ dead link ]