By Jubin Katiraie

Some 1.3 billion dollars allocated to importing medical instrumentation has “disappeared” in Iran’s Ministry of Hygiene.

“$1.3 billion allotted to buy medical instrumentation has disappeared, and it is not clear who has taken the sum and what has been bought,” affirmed Said Namaki, the Minister of Hygiene, according to the governmental website Fararoo.

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By Pooya Stone

During the United Nations Conference on Trade and Development (UNCTAD) it was revealed that the Iranian economy’s attraction of foreign capital has decreased by 28% last year and has reached $4.1 billion.

Foreign direct investment (FDI) is real investment by foreign companies in Iran in which those companies manage, control and own the related assets.

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