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Public Wealth Management and Distribution in Iran

In: Sovereign Wealth Funds, Local Content Policies and CSR

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  • Zoha Abdolalizadeh

    (Senior Legal Specialist, Dana Energy Company)

Abstract

Iranian officials and planners have always been concerned about the optimum use of the country’s oil and gas revenues, as well as maintaining stability in the way those revenues are applied to the national budget. Various methods were implemented in pre-revolutionary development programs, including the establishment of a Planning and Budget Organization in 1948 to ensure the efficient use of these resources. Using oil revenues to build production and infrastructure capacity was an important incentive for the establishment of this organization; but from the very beginning, the government was forced to spend part of the natural resource proceeds.

Suggested Citation

  • Zoha Abdolalizadeh, 2021. "Public Wealth Management and Distribution in Iran," CSR, Sustainability, Ethics & Governance, in: Eduardo G. Pereira & Rochelle Spencer & Jonathon W. Moses (ed.), Sovereign Wealth Funds, Local Content Policies and CSR, pages 113-125, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-56092-8_6
    DOI: 10.1007/978-3-030-56092-8_6
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