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News > Iran’s foreign debt declines $544m in 6 months


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Iran’s foreign debt declines $544m in 6 months

Iran’s foreign debt declines $544m in 6 months

The country’s external debt has continued its downward trend since the Iranian calendar year of 1389 (March 2011-March 2012), the Fars News Agency reported on Sunday.
 
Iran’s total short-term and mid-term/long-term external debts stand at $761 million and $5.35 billion, respectively.
 
The country should repay its foreign debts by the end of Iranian calendar year of 1397 (March 2019). 
 
The Iranian economy will grow by 3.3 percent on average by 2018, Business Monitor reported in December 2014.
 
In April 2014, the International Monetary Fund said Iran had achieved considerable progress in raising per capita income and living standards in previous decades.
 
tehrantimes.com


16:28 - 19/01/2015    /    Number : 323517    /    Show Count : 88



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