Economy, Domestic Economy
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Roads Ministry’s Debts to Contractors Top $1.9 Billion

 Roads Ministry’s Debts to Contractors Top $1.9 Billion Roads Ministry’s Debts to Contractors Top $1.9 Billion

The Ministry of Roads and Urban Development’s debts to contractors have amounted to 187 trillion rials ($1.96 billion), a deputy roads minister said.  “Mechanisms suggested in the budget law for repaying overdue liabilities include issuing treasury bonds [to restructure debts] and swapping their debts to the banking system,” IRNA also quoted Amir Amini as saying.

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