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NDFI Transparency Rating improved by 29 steps

NDFI Transparency Rating improved by 29 steps

NDFI Transparency Rating improved by 29 steps
Acting director of NDFI Department of International Affairs:

Following the measures taken by NDFI to improve transparency, performance  and governance of National Development Fund, the Sovereign Wealth Fund Institute (SWFI) in its 4Q 2012 Linaburg-Maduell Transparency Index Rating,  improved NDFI to the 32nd place.

Dr. Mohammad Mazraati pointed out: Having implemented the procedures for making the data and information transparent and disclosing reliable figures and statistics of investments made in various sectors, NDFI has adopted viable strategies to properly introduce and disseminate information on the projects as well as the resources allocated to them. NDFI has also made good interactions with international institutions and entities in the course of last few months. All these measures contributed to improving the status of NDFI.

He added: Based on the plans made and interactions with financial institutions, an appropriate ground has been set to further improve and enhance the transparency rating of NDFI in the next reports of SWFI.

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