26 July 2022 - 15:22

14 percent reduction of Iran's foreign debt through 2 months of 1401

Foreign debts of Iran at end of May of 1401 reached 7 billion and 451 million dollars, which has decreased by more than 14 percent compared to end of 1400.
News ID : 140004

IBENA- According to latest statistics of Central Bank of Iran, Iran's foreign debt at end of May 1401 based on initial maturity of debts is 7 billion and 451 million dollars, of which 5 billion and 666 million dollars are medium and long-term debts and 1 billion and 785 million dollars are short-term debts.

These actual obligations of Iran based on Euros have been calculated as 7 billion and 54 million euros, of which 5 billion and 364 million euros are medium and long-term debts and 1 billion and 690 million euros are short-term debts.

Volume of Iran's foreign debts at end of March 1400 was 8 billion and 675 million dollars, which indicates a decrease in volume of Iran's foreign debts in two months of 1401.

It should be noted that ratio of Iran's foreign debt to GDP is 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 amount of foreign debt in the world.

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