83501
The money the government owes to the Central Bank of Iran comprises 15% of its total debts.
The money the government owes to the Central Bank of Iran comprises 15% of its total debts.
Tuesday, March 13, 2018

Government’s Top 5 Creditors

SSO is the biggest creditor to the Iranian government, as the organization accounts for 33% of the government’s total debts (about $33 billion)
Islamic Treasury Bill holders constitute the second largest group of creditors to the government, who make up 16% of the government’s overall debts
Tuesday, March 13, 2018

Government’s Top 5 Creditors

The Social Security Organization, Islamic Treasury Bill holders, the Central Bank of Iran, and public and private banks top the list of government creditors. 
The Ministry of Economic Affairs and Finance added that SSO is the biggest creditor to the Iranian government, as the organization accounts for 33% of the government’s total debts, IRNA reported.
Recently, the Persian daily Shargh put the government’s outstanding debt to SSO at over 1,500 trillion rials (about $33 billion).
As the government’s indebtedness to SSO is scaling new heights by the day, the organization is now in great distress.

Premium

To continue reading this article log in to your account, or join us now and get a free trial which includes access to this specific story.

You will not be charged for your trial and there is no obligation to purchase.

Create an account or sign in

Short URL : https://goo.gl/3ZyMd6
03/13/2018
  1. https://goo.gl/YyJ1mv
  • https://goo.gl/5fptgh
  • https://goo.gl/PmDLhA
  • https://goo.gl/kJVf8K
  • https://goo.gl/3A6pzb

You can also read ...

Iranians’ per capita honey consumption is 1 kilogram per year, while it is around 200 grams in other countries.
Iran has made noticeable progress in honey production, as it...
US’ JCPOA Pullout Does Not Bode Ill for Iran Economy
The United States’ pullout from the Joint Comprehensive Plan...
Transport MoU With Greece
Iran and Greece have signed a memorandum of understanding to...
Tehran to Host RailExpo 2018 Next Month
The Sixth International Exhibition of Rail Transportation and...
Gov’t Payroll Exceeds  2.3 Million
The number of government employees stood at 2,341,726 in the...
Non-Oil Trade With Spain Tops $620m
Iran traded $625.30 million worth of non-oil goods with Spain...
NDFI to Offer Loans Worth $2.8b to Create Rural Jobs
The government will allocate 120 trillion rials ($2.85 billion...

Add new comment

Trending

Googleplus