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Iran’s foreign debt drops

Finance Materials 11 February 2019 13:01 (UTC +04:00)

Baku, Azerbaijan, Feb. 11

By Elnur Baghishov – Trend:

Iran’s foreign debt decreased by 11 percent by the end of the ninth month of this Iranian year (started March 21, 2018) compared to the beginning of the year, according to the Central Bank of Iran, Trend reports via Tasnim news agency.

Iran’s foreign debt dropped to $10.27 billion by the end of the ninth month of this Iranian year.

Iran’s foreign debt was $10.34 billion in the third month and $11.3 billion in the sixth month of this Iranian year.

Some $3.17 billion of this amount accounts for short-term debt, while $6.86 billion accounts for medium-term and long-term debt.

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