Tehran, Iran, April 22
By Milad Fashtami - Trend:
Iran's external debt stood at $6.631 billion at the end of the Iranian calendar month of Dey (which ended on January 20).
The Central Bank of Iran (CBI) announced that the country's short-term debt was around $644 million in the mentioned period, while the its medium-term and long-term debts were around $5.987 billion, Iran's Mehr News Agency reported.
External debt (or foreign debt) is that part of the total debt in a country that is owed to creditors outside the country.
The debtors can be the government, corporations or private households.
The debt includes money owed to private commercial banks, other governments, or international financial institutions such as the International Monetary Fund (IMF) and World Bank.
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