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Iran’s CBI shares data on debts of public sector

Finance Materials 11 November 2021 14:58 (UTC +04:00)

BAKU, Azerbaijan, Nov. 11

By Elnur Baghishov – Trend:

The debt of the Iranian public sector to the local banking system amounted to 6.55 quadrillion rials (about $156 billion) for the 6th month of the current Iranian year (August 23 through September 22, 2021), Trend reports via the statistics of the Central Bank of Iran (CBI).

According to the statistics, this is an increase of 59.3 percent, compared to the same month last Iranian year.

Within the 6th month, Iranian government's debt to the banking system amounted to 6.01 quadrillion rials (about $143 billion), which is an increase of 28.7 percent, compared to the same month last Iranian year.

“Meanwhile, the debt of state-owned enterprises and companies to the banking system amounted to 541 trillion rials (about $12.9 billion) over the sixth month, which is an increase of 12.7 percent, compared to the same month last Iranian year,” the statistics said.

In addition, the debt of private sector to Iran's local banking system for the reporting month amounted to 29 quadrillion rials (about $691 billion). This is an increase of 50.1 percent, compared to the same period last Iranian year.

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