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Iran gov't debt bigger than previously announced

Business Materials 27 December 2016 16:12

Tehran, Iran, December 27

By Mehdi Sepahvand - Trend:

The Iranian government’s debt is several times bigger than the previously announced number of $46 billion, Economy Minister Ali Tayyebnia said.

“Although a large number, it is still small compared to debts owed by other governments to their private sectors. Yet, the problem is that our debt is disorganized,” he told private sector representatives, Mehr news agency reported December 27.

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