Iran’s foreign debts go under $10b – official
By Trend
An Iranian official has estimated that the country’s foreign debts stand bellow $10 billion.
Hossein Qazavi, a deputy economy minister, has said that the country’s gross domestic product (GDP) has reached $400 billion, Ibena (Iranian banks and economy news agency) reported.
According to World Bank Iran’s GDP growth is estimated to stand at 4 percent in 2017.
According to the official the country’s foreign trade over the last fiscal year (starting March 20) valued at $170 billion.
However the Central Bank of Iran earlier in March reported that the country’s foreign debts reached $7.573 billion by Jan. 20, indicating a fall by $267 million compared to the end of previous Iranian month (Dec. 21, 2016).
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!