Business And Markets
0

Foreign Debt Down 17%

Foreign Debt Down 17%
Foreign Debt Down 17%

Iran’s foreign debt was $7.16 billion by the end of the fifth calendar month (August 22), the central bank said Saturday. This was almost 17.4% lower from the beginning of the year in March 2022.
Medium and long-term debt was $5.23 billion or nearly 75% of the total. Short-term debt was in the range of $1.92 billion, the Central Bank of Iran said.
Short-term debt includes all debt with original maturity of one year or less plus the interest on long-term debt. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com