Repaying forex debt to the National Development Fund of Iran has improved in the past ten months, a member of the NDFI executive board said.
Alireza Mirmohammad-Sadeqi said companies paid $2 billion in forex debt from October 2021 up until last week. This is while the total repaid loans were barely $500,000 from 2018 to Oct. 2021.
“Forex debt settlement has grown four-fold in the past ten months,” he was quoted as saying by the NDFI website.
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