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.