Iran's foreign debt hits 6.6 $billion
Iran's external debt stood at $6.631 billion at the end of the
Iranian calendar month of Dey (which ended on January 20).
The Central Bank of Iran (CBI) announced that the country's
short-term debt was around $644 million in the mentioned period,
while the its medium-term and long-term debts were around $5.987
billion, Iran's Mehr News Agency reported.
External debt is that part of the total debt in a country that is
owed to creditors outside the country.
The debtors can be the government, corporations or private
households.
The debt includes money owed to private commercial banks, other
governments, or international financial institutions such as the
International Monetary Fund (IMF) and World Bank.
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