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FinancialNews


  • 21-01-21

    Iran’s foreign debts reach to zero

    (MENAFN)According to Tasnim news agency, Deputy Minister of economic affairs and finance of Iran declares that the country’s foreign debts are now very irrelevant and nearly zeroed.

    Mohammad-Ali Dehqan Dehnavi stated that “Currently, the volume of Iran's foreign debt is extremely small and tends to zero due to the existing restrictions.”

    Using foreign debts could be a great opportunity, meaning that the government can have a loan from abroad and invest inside the country, he further added.

    The majority of the government’s debts are internal. Having external debts is significant internationally, but it is not at present significant for Iran since the country has almost no foreign debts, he stated.

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