Iran’s foreign account balance $11.9B
Tehran, Iran, May 28
By Mehdi Sepahvand –- Trend:
Iran’s foreign current account balance stood at $11.915 billion, while the country’s foreign debt stood at $7.84 billion, said the Central Bank of Iran (CBI) in a report of the fall of 2016 period published May 28.
In the meantime, the report says, trade balance stood at $16.036 billion, while goods exports based on the FOB (free on board) stood at $60.292 billion and imports at $44.256 billion.
Also, liquidity grew by 16.5, money by 12.7, and quasi-money by 17.1 percent year on year.
The non-governmental deposit also saw an increase of 17.5 percent year on year.
The government’s expenditure in the year leading to the reported period stood at 295.6 trillion rials ($9.107 billion, at 32,455 rials per USD). Expenditure stood at 449.2 trillion rials, privatization of capital assets at 177.9 trillion rials, and possessed capital goods at 36 trillion rials.