• 23 September 2018 - 16:24
  • News Code: 91649
دلار

Iran's volume of foreign debt in the first four months of the current year (based on Iranian calendar) decreased by 5.6 percent.

IBENA- According to the latest figures of the Central Bank of Iran, the country's foreign debt at the end of Tir (June) stood at 10668 million dollars based on the initial maturity, of which 6721 million dollars were related to mid-term and long-term debts and 3946 million dollars belonged to short-term debt.

Iran'a liabilities based on euro is more than 9095 million euros, of which 5730 million euros belong to mid-term and long-term debts and 3364 million euros are related to short-term debts.

Iran's debts volume at the end of Khordad (May) reached 10441 million dollars, compared to Tir (June) increased slightly to 10668 million dollars. Also, Iran's external loan at the end of Farvardin (March) was 11305 million dollars, indicating the country's decrease in foreign debt volume during the first four months of the current year.

One of the most important indexes for measuring a country's foreign debt is the ratio of foreign debt to GDP to determine the amount of foreign financial source absorption. According to IMF's report, Iran's GDP in 2017 reached 431.920 billion dollars.

Iran's foreign debt ratio to its GDP is approximately 2.5 percent, which is low figure, but Iran's foreign debt ratio to its GDP in comparison with others shows the country is one of the nations has the lowest external loan.

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