image description
image description
Tell A Friend

Archives


  • 12-02-20

    Iran's liquidity rises by 28 percent in 10 months

    (MENAFN)
    Based on a statement issued by Iran's Finance and Economic Affairs Minister Farhad Dejpasand, the first ten months of the recent Iranian calendar year (March 21, 2019-January 20, 2020) saw a rise by 28 percent in the country's liquidity.

    Dejpasand was quoted by ILNA as saying that the authorities haven't met its financial needs by having recourse to the banking scheme.

    He also strongly confirmed that "Considering the current situation in which the country is under pressure from the unjust U.S. sanctions, the governmental assets should be used as leverage for growth."

    Iran's chief banks have so far sold 65 trillion rials (about USD1.54 billion) of surplus assets as well as stocks worth 125 trillion rials (about USD 2.9 billion), the minister declared, adding that the country's bank system is going to be modified amid an upcoming governmental program.

    MENAFN1202202000450000ID1099693429

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved