Baku, Azerbaijan, Oct. 6
By Khalid Kazimov – Trend:
Iranian government’s debts to Social Security Organization have reached $34.87 billion.
The head of the Social Security Organization of Iran Taqi Nourbakhsh has said that the government has settled $4.75 billion of its debts over the past three years, IRNA news agency reported.
He also added that the government paid off $1.45 billion of its debts in the forms of barter two weeks ago.
The report did not provide further details about the barter.
Earlier in September the country’s central bank announced that Iran’s foreign debts reached $7.571 billion as of June 21.
The short-term foreign debts were counted at $2.225 billion, meanwhile the long-term debts stood at $5.346 billion.
Iran's foreign debt has declined since 2007. From that year to March 2015, the country’s foreign debt lowered from $28.647 billion to $5.108 billion.
The country’s foreign debts stood at $19.185 billion in 2012, $7.682 billion in 2013 and $6.655 in 2014, according to the Central Bank of Iran.