foreign debt

Iran External Debt Shrinks to $8.6b

Iran’s external debt declined to $8.67 billion by the end of third calendar month to June 21, data from the Central Bank of Iran shows.

Macro Economy

Iran foreign debts down 7%

Iran’s overseas debts have declined from $10.03 billion reported at the end of the fiscal third quarter (Dec. 21, 2018) to $9.3 billion by the end of the fourth quarter (March 20, 2019), indicating a 7% decline.

Macro Economy

Iran external debt down over 12% to $10.03bn

Although the figures show a downward move, experts believe it’s a not a good new per se as it could mean how small a country’s economy is or its inability to borrow from international lenders.

Macro Economy

World Bank reports major drop in Iran’s debts

The World Bank says Iran’s foreign debts rose slightly in 2015 but were still significantly lower than 2011 when the country faced a series of US-led sanctions.

Macro Economy