
The Foundation of Martyrs and Veterans Affairs ( fa, بنیاد شهید و امور ایثارگران ''Bonyad Shahid va Omur-e Ithargaran'') is an Iranian
foundation that receives its funding directly from the
national budget
A government budget is a document prepared by the government and/or other political entity presenting its anticipated tax revenues (Inheritance tax, income tax, corporation tax, import taxes) and proposed spending/expenditure (Healthcare, Educa ...
.
Amir-Hossein Ghazizadeh Hashemi 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 Rial, riyal, or RIAL may refer to:
* Rial (surname), a surname (and list of people with the name)
* Royal Institution for the Advancement of Learning, McGill University
* Rial Racing, a former German Formula One team
Various currencies named rial ...
to urban families and 150 million rials to rural families. The Foundation is also involved in numerous economic endeavors, much like the
Mostazafen Foundation of Islamic Revolution
The Mostazafan Foundation of Islamic Revolution ( fa, بنیاد مستضعفان انقلاب اسلامی) formerly Bonyad-e Mostazafan va Janbazan (Foundation of the Oppressed and Disabled or "MFJ") is a charitable ''bonyad'', or foundation, in ...
.
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
The Government of the Islamic Republic of Iran ( fa, نظام جمهوری اسلامی ایران, Neẓām-e jomhūrī-e eslāmi-e Irān, known simply as ''Neẓām'' ( fa, نظام, lit=the system) among its supporters) is the ruling state a ...
, but the deal fell through because of political objections.
See also
*
Bonyad
Bonyads ( fa, بنیاد "Foundation") 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 ...
*
Economy of Iran
The economy of Iran is a mixed economy with a large state-owned sector and is the largest in the Middle East in terms of nominal GDP. It is the world's 21st largest by purchasing power parity (PPP). Some 60% of Iran's economy is centrally ...
*
Iranian Economic Reform Plan
The economy of Iran is a mixed economy with a large state-owned sector and is the largest in the Middle East in terms of nominal GDP. It is the world's 21st largest by purchasing power parity (PPP). Some 60% of Iran's economy is centrally pla ...
*
IRGC
The Islamic Revolutionary Guard Corps (IRGC; fa, سپاه پاسداران انقلاب اسلامی, Sepāh-e Pāsdārān-e Enghelāb-e Eslāmi, lit=Army of Guardians of the Islamic Revolution also Sepāh or Pasdaran for short) is a branch o ...
*
Banking in Iran
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 o ...
*
References
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Government agencies of Iran
Foundations based in Iran
Revolutionary institutions of the Islamic Republic of Iran