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Foreign Debt Down to $8 Billion

Foreign Debt Down to $8 Billion
Foreign Debt Down to $8 Billion

Iran’s foreign debt was $8.14 billion on April 20, CBI data showed. 
This was $650 million or 7.3% lower from the corresponding period in the last fiscal year that ended in March. 
Medium and long-term debt was $5.93 billion, accounting for almost 72% of the total. Despite the decline in the long-term debt, short-term debt increased to $2.21 billion in the same period rising from $1.86 billion in April 2021, the Central Bank of Iran (CBI) said last week. 
 

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