Financial Tribune - Iran's Forests, Range and Watershed Management Organization has received a fund of $200 million from the National Development Fund of Iran, an official with the FRWMO said.

According to Fariborz Gheibi, the money will be spent on protection, restoration, development and utilization of watersheds, aquifers, ranges and woodlands, ISNA reported.

"NDFI's budgets are often used in highly critical conditions, but since water and watershed management are of utmost importance to society, the FRWMO has managed to win a share of the funds," he said.