14 October 2018 - 20:05

Iran Foreign Debt Shrinks

Iran's external debt volume during the first five months decreased by 8 percent year-on-year.
News ID : 92633
دلار

IBENA- According to the latest statistics of the Central Bank of Iran, the amount of Iran's foreign debts based on the first due stood at 10.405 billion dollars at the end of Mordad month (Iranian calendar year), of which 6.613 billion dollars belong to both mid-term and long-term debts and also 3.792 billion dollars are related to short-term debts.



The foreign debt in euro is over 9.33 billion euros, of which 5.741 billion euros belong to both mid-term and long-term debts and 3.292 billion euros are for short-term debts.



Iran's foreign debt volume at the end of Tir month was 10.668 billion dollars, while it decreased to 10.405 billion dollars at the end of Mordad month. Iran's foreign debt in the first month of the Iranian current calendar year was 11.305 billion dollars, indicating the country's foreign debt decrease during the first five months of the current year. Iran's external debt accounted for 2.5 % of the country's GDP in 2017, which is a low number.



The Central Bank of Iran's latest figure shows that during the first five month of the current year, the country's import was 18.893 billion dollars, while its export without taking into account condensates was 17.148 billion dollars.



It is worth mentioning that IBENA is an only specialized news agency in banking and economy areas, which is affiliated with the Central Bank of Iran.








Send Comment