26 July 2022 - 18:47

Reduction (16. 5 percent) in Iran's foreign debt in spring of 1401

Foreign debts of Iran at end of June 1401 reached 7 billion and 246 million dollars, which has decreased by 16.5 percent compared to the end of 1400.
News ID : 140009

IBENA - according to latest statistics of Central Bank of Iran, foreign debt at the end of May 1401 based on initial maturity of debts is 7 billion and 246 million dollars, of which 5 billion and 481 million dollars are medium and long-term debts and 1 billion and 765 million dollars from short-term debt.

These actual commitments of Iran based on Euros have been calculated 6 billion and 876 million euros, of which 5 billion 201 million euros are volume of medium and long-term debts and 1 billion and 675 million euros are volume of short-term debts.

volume of Iran's foreign debts at end of March 1400 was equal to 8 billion and 675 million dollars, which indicates a decrease in volume of Iran's foreign debts in the first quarter of 1401.

It should be noted that ratio of Iran's foreign debt to GDP is a low, and comparison of ratio of Iran's foreign debt to GDP with other countries shows that Iran is among countries that have the lowest foreign debt in the world.

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