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Errant Exporters Repatriate $20b Instead $40b

Errant Exporters Repatriate $20b Instead $40b    Errant Exporters Repatriate $20b Instead $40b

July 22 was the end of a deadline set by the Central Bank of Iran for non-oil exporters to repatriate their currency earnings during the last fiscal year (March 2018-19) to the country. 
After the deadline expired, figures indicate that companies have so far managed to bring back less than half of their earnings out of total exports of $40 billion, ISNA reported. 
This is despite the CBI’s repeated efforts to tweak rules and offer initiatives to encourage the errant exporters to repatriate more of their overseas earnings.

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