Economy, Domestic Economy

Decline in Iran Gov’t Liabilities

Decline in Gov’t LiabilitiesDecline in Gov’t Liabilities

According to a report by Majlis Research Center, the research arm of the parliament, the government and public companies ran up a total of 6,250 trillion rials ($142.04 billion) in liabilities by the end of the first quarter of the current fiscal year (June 21, 2017), down from 6,570 trillion rials ($149.3 billion) by the end of the previous quarter. State-run companies accounted for 43% of the total sum, the Persian daily Etemaad reported.

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