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External Debt at $6.5b: CBI

External Debt at $6.5b: CBI
External Debt at $6.5b: CBI

Iran’s foreign debt was $6.50 billion by the end of the tenth calendar month to January 22, the Central Bank of Iran said -- almost 25.1% lower on the last fiscal year that ended on March 20. 
Medium and long-term debt was $4.7 billion or 72.7% of the total. Short-term debt was in the range of $1.80 billion, accounting for the remaining 27.3%. 
Short-term debt includes all debt with original maturity of one year or less plus interest on long-term debt. 
Thanks to the scale and scope of economic and financial hurdles, namely the US economic blockade, Iran’s external debt is far lower compared to most developing nations. 

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