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Iran's foreign debt to increase this year

Oil&Gas Materials 22 December 2010 11:58 (UTC +04:00)

Azerbaijan, Baku, Dec.22 /Trend, A.Yusifzade /

Economist Economic Intelligence Unit in its latest report for December 2010 notes that last year Iran's external debt totaled $12.6 billion (3.4 percent of GDP) and assumed that this figure will increase up to $ 700 million and reach 13.3 billion (3.2 percent of GDP) this year.

According to the forecast of the mentioned agency, Iran's external debt shall keep oscillations till 2013. It is assumed that this figure will be $13.1 billion, $12.8 billion, and $12.4 billion in 2011, 2012 and 2013 respectively.

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