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Iran’s foreign debt revealed

Business Materials 2 September 2019 09:52 (UTC +04:00)

Baku, Azerbaijan, Sept. 2

By Elnur Baghishov - Trend:

Iran’s foreign debt decreased by 7 percent over the first three months (March 21-June 22) of this Iranian year (started March 21, 2019) compared to the same period last year, according to the report of the Central Bank of Iran, Trend reports via IBENA news agency.

Iran’s foreign debt at the end of the third month was $8.678 billion, according to the report.

The report said that $6.969 billion of this debt accounts for medium and long-term loans, while $1.708 billion accounts for short-term loans.

Iran’s foreign debt at the end of the second month (until May 21) was $8.816 billion.

Iran’s foreign debt until March 21, 2018 was $9.339 billion.

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