IBENA- according to the latest statistics of Central Bank, Iran's foreign debt at the end of February 1400, based on initial maturity of debts, is 8 billion 885 million dollars;6 billion 289 million dollars are medium and long-term debts and 2 billion 595 million dollars is short-term debts.These actual liabilities of Iran based on Euros are estimated at 7 billion and 831 million Euros; 5 billion and 543 million Euros are due to medium and long-term debts and 2 billion and 288 million Euros are the amount of short-term debts.
Iran's foreign debt at the end of March 1999 was 9 billion and 142 million dollars, indicating a decrease in Iran's foreign debt in the first 11 months of 1400. It should be noted that t ratio of Iran's foreign debt to GDP is lower and comparing ratio index of Iran's foreign debt to GDP to other countries shows that among countries Iran is a country with the lowest foreign debt in the world.
The amount of foreign debt of each country means obligations of a country in terms of letters of credit and received facilities from international institutions.In Iran, foreign debt is $ 8.8 billion; $ 2.5 billion is due to short-term debt and $ 6.2 billion is medium and long-term debt. So short-term debt maturity is important, which is not more than $ 2.5 billion in Iran.
In this regard, ratio of foreign debt to GDP is important, which is very low, 2 percent in Iran, compared to other countries, and among countries with Foreign Debt, Iran is in the seventh place, as the lowest foreign debt in the world, Abbas Memarnejad, former Deputy of Insurance and Bank of Minister of Economy, said. Mohammad Ali Dehghan Dehnavi, former Deputy of Minister of Economy, also believes that 2 percent of GDP as foreign debt is not economically significant.
