Iran’s Foreign Debt Shrinks: CBI


TEHRAN (Tasnim) – Iran’s foreign debt at the end of the Iranian month of Tir (July 22, 2023) decreased by $1.576 billion compared to a year earlier, the Central Bank of Iran (CBI) announced.

According to the Central Bank of Iran’s report, the total foreign debt of the country stood at $5.597 billion on July 22.

It said Iran’s mid- and short-term debts have been registered at $3.926 billion and $1.671 billion respectively.

The foreign debt of the country in July 2022 stood at $7.173 billion, CBI added.