...

Iran's Social Security Organization offers to swap debts with government

Business Materials 14 December 2019 12:40 (UTC +04:00)
Iran's Social Security Organization offers to swap debts with government

TEHRAN, Iran, Dec.14

Trend:

Managing Director of Social Security Organization of Iran asked to swap the debts between the organization and the government, Trend reports via IRNA.

Iran's Social Security Organization has a debt to the Ministry of Health, while the government has a debt to the Social Security Organization.

"We have already paid off our debts for 8 months. However, we still have some remaining debts," Mustafa Salari said at a panel of experts at the 27th General Assembly of the Islamic Association of Iranian Medical Society.

"Our organization owes some $535 million to the medical sector," said Salari.

“We are trying to settle the Ministry of Health's demands,” he said. “We owed $3.8 billion to university and non-university institutions, but now the total after paying part of the debts, it is less than $2.3 billion.”

"The production units also owe from $5.9 to $7.1 billion to the our organization, but we cannot put pressure on them, given the economic situation,” said Salari.

“The Social Security Organization is in debt to the Ministry of Health and at the same time, the government owes the Social Security Organization,” he said. “As the Ministry of Health is part of the government, the debts can be exchanged.”

Tags:
Latest

Latest