Iranian media report that the government has allocated about 10 trillion Iranian toman (roughly $14 million at the free exchange rate) to rebuild four universities damaged during recent American and Israeli strikes. The president of Sharif University of Technology said restoring the technological infrastructure of his university alone will cost more than 8 billion toman. The Ministry of Science, Research and Technology announced that 2,500 billion toman will be allocated through the banking system to each of the four affected universities.
Iranian state-aligned media reports that the government has allocated approximately 10 trillion Iranian toman (about $14 million at the free-market exchange rate) to rebuild four universities hit during recent U.S. and Israeli strikes. The president of Sharif University of Technology stated that restoring just that institution's technological infrastructure will exceed 8 billion toman. According to the report, Iran's Ministry of Science, Research and Technology instructed the banking system to channel 2,500 billion toman to each of the four affected universities for their technological components damaged during the conflicts.
The figure represents a modest sum in the context of the broader economic damage from the military confrontation. As The Zioneer reported on June 15, Prime Minister Netanyahu estimated that Israel inflicted up to $1 trillion in damage to Iran's economy. The allocation focuses on academic and technological infrastructure — a sector that directly supports Iran's scientific and possibly military-technological base. Sharif University is a leading engineering institution whose graduates are central to Iran's aerospace and nuclear programs.
No independent verification of the allocation is available, and the report does not specify a timeline for the reconstruction.
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