The Central Bank of Iran (CBI)

The Central Bank of Iran (CBI) has announced that Iran's foreign debts has actually decreased despite the US imposed sanctions.

Iran Press/ Iran news: According to a report by Iran's CBI, despite the US economic sanctions and pressures on Iran, the country's debts have decreased by as much as 7 percent.

The report said that Iran's foreign debt that was $9.339 billion at the end of last Iranian year on March 20, stood at $8.816 billion on May 21, 2019, Iran Press reported.

There is no mention of the current status of Iran’s foreign reserves.

"The long-term debts of Iran fell to $6.969 billion and short term debts were down at $1.708 billion," according to figures published.


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