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Debts of public and private sectors to Iran’s Central Bank double

Finance Materials 20 December 2023 17:29 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, December 20. Debts of public and private sectors to the Central Bank of Iran (CBI) soared by 107 percent at the end of the 6th month of the current Iranian year (September 22, 2023), compared to the previous period, Trend reports.

CBI data shows that the debt of public and private sectors to Central Bank amounted to 8.06 quadrillion rials (about $192 billion) at the end of 6th month.

In the same period of the previous year (August 22, 2022), the figure stood at 3.89 quadrillion rials (about $92.6 billion).

The debt of the public sector (state institutions, companies, etc.) to the CBI was around 2.85 quadrillion rials (about $67.8 billion) at the end of 6th month, representing a 27.7-percent from the end of the same month last year.

Meanwhile, the debt of the private sector to the Central Bank of Iran amounted to 5.21 quadrillion rials (about $124 billion) at the end of the 6th month. This is 214 percent more than the end of the same month last year.

Moreover, the value of the total assets of Iran’s Central Bank was around 17 quadrillion rials (about $405 billion) at the end of the 6th month, which an increase of 41.4 percent compared to the end of the same month previous year.

The statistics include foreign assets of Central Bank of Iran, as well as loans to the public and private sectors.

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