Energy
0

Iran Energy Minister Calls on Gov’t to Repay $2.6b Mounting Debt

Energy Minister Calls on Gov’t to Repay $2.6b Mounting Debt
Energy Minister Calls on Gov’t to Repay $2.6b Mounting Debt

Government debt to the Energy Ministry related to the disparity between real water and electricity rates, which include distribution, transmission and generation costs, and what consumers actually pay, has reached a whopping $2.6 billion, Energy Minister Reza Ardakanian said.
"Besides the government, state-organizations, especially those affiliated to the armed forces, are not only heavily indebted, they also refuse to repay," he said.
 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com