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Iran’s Vice President: $25 billion in frozen assets to be fully released

20 June 2026 13:41 (UTC +04:00)

Iran’s Vice President for Executive Affairs announced that an estimated $25 billion of the country’s frozen foreign assets will be fully, though progressively, unblocked under a recent understanding between Iran and the United States, with the funds earmarked exclusively for domestic infrastructure development, WANA News Agency reports.

Mohammad Jafar Ghaempanah stated that Parliament Speaker Mohammad Bagher Ghalibaf’s recent visit to Qatar, alongside Iran’s diplomatic negotiating team, was specifically aimed at finalizing the mechanisms and framework for the release of these assets.

The Vice President emphasized that removing the shadow of war from the country has already alleviated a portion of the economic pressures facing the public.

He noted that the newly accessible financial resources will be heavily directed toward expanding critical infrastructure—such as transport corridors, highways, and airports—to improve public welfare and convenience.

Ghaempanah concluded by stating that securing sufficient capital will enable the government to effectively fund constructive projects and drive economic progress across all regions of the country.

Iran United States Iran-US agreement frozen assets Iranian assets Mohammad Jafar Ghaempanah Mohammad Bagher Ghalibaf Qatar infrastructure development economic development sanctions relief foreign assets Iranian economy transport corridors highways airports public welfare investment projects economic progress Tehran diplomacy negotiations financial resources infrastructure investment regional development