Iran’s foreign debt falls in 2014
Tehran, Iran, December 25
By Mehdi Sepahvand - Trend:
Iran's foreign debt fell by $1.5 billion in 2014 to reach $5.495 billion, a new report by the World Bank said.
The report which gives statistics about countries' debts from 2000 to 2014 shows that Iran's foreign debt was $7.6 billion in 2013.
Iran's long-term foreign debt, in the meantime, was $4.025 billion in 2013, according to the report.
Iran paid $33 billion as interest expense in 2014, the same as in 2013, the report said.