Jul 19, 2023, 4:41 PM

Iran’s foreign debt down by 27%: CBI

Iran’s foreign debt down by 27%: CBI

TEHRAN, Jul. 19 (MNA) – Latest figures by the Central Bank of Iran (CBI) reveal the country’s foreign debt has decreased by 27%.

The CBI data showed that Iran has settled over $2.3 billion on its foreign debt until March 21, 2023.

The figure marks a 27.6 % drop in the foreign debt of the Islamic Republic.

At the end of last year (until March 21), the country’s foreign debt reached $6.28 billion, reported the source.

Iran’s foreign debt has been falling in recent years following a downward trend.

TM/TNA2928153

News ID 203467

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