Iran’s Overseas Debt Shrinks 25%

The Central Financial institution of Iran’s statistics present the nation’s steadiness of overseas on the finish of Iranian month of Bahman (February 2023) stood at about $6.4 billion, exhibiting a 25.7 p.c drop as in comparison with the top of the month of Esfand a yr earlier (March 21, 2022). 

Of Iran’s whole overseas debt, $1.8 billion is said to short-term money owed whereas $4.6 billion are long-term money owed.

The share of short-term money owed of the nation out of the overall of its overseas money owed has decreased 0.8 p.c on the finish of the Iranian month of Bahman (February 19) as in comparison with the top of the Iranian month of Esfand within the earlier yr.