Debt Market Should Help Plug Budget Deficit

The governor of the Central Bank of Iran says issuing bonds is appropriate for plugging the budget deficits. 
In a note on his Instagram account Friday, Abdolnasser Hemmati said issuing bonds would also help the government avoid printing money to compensate its budget deficits. 
“Issuing bonds will not only assist the government meet its [budgetary] needs, but also help expand  the debt market, fix balance sheets of banks and offer control inflation,” he wrote.