Banking and insuranceEconomical

Iran’s foreign debt reached 7 billion and 173 million dollars


According to Iran Economist, the Central Bank’s new report from the selection of economic statistics shows that the amount of foreign debts of the country reached 7 billion and 173 million dollars at the end of July this year.

The amount of short-term debts of the country is one billion and 772 million dollars, and the long-term debts of Iran are five billion and 402 million dollars.

On the other hand, the euro equivalent of Iran’s foreign debt is seven billion and 23 million euros, of which five billion and 289 million euros are medium and long-term debts and one billion and 734 million euros are short-term debts.

At the same time, the country’s foreign debt at the end of July last year was equal to 8 billion 954 million dollars, and the short-term debt of the country was 2 billion 332 million dollars, and the long-term debt of Iran was 6 billion 621 million dollars. .

Therefore, the amount of foreign debts of the country at the end of July this year has decreased by 19.8% compared to the same period last year.

The volume of Iran’s foreign debts at the end of March 1400 was equal to 8 billion 675 million dollars, which indicates a 17.3% decrease in the volume of Iran’s foreign debts in the four months of 1401.

It should be noted that the external debt includes the set of obligations created as a result of the opening of letters of credit for the facilities received from the World Bank and other international organizations and institutions, as well as the financing of projects through finance, pre-sale of oil and international bonds.

Iran's foreign debt reached 7 billion and 173 million dollars

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