WB: Iran's foreign debt down 64% in 2015

EghtesadOnline: The World Bank has in its latest report put Iran's foreign debt in 2015 at $6.322, down almost 64 percent compared to the figure in 2011, when sanctions were issued against Iran.

News ID: ۷۳۹۰۱۶

02 January 2017

According to the WB report, 'The world statistics on 2017 debt', Iran's foreign debt was 17.344 billion dollars in 2011, including $4.814 billion long-term and $10.320 billion short-term and $2.209 billion debt to such international financial organizations as the WB and the IMF.
The report said in 2015, Iran's long-term foreign debt was $2.326 billion, its foreign short-term debt $2.019 billion and to international financial organizations $1.976 billion, IRNA reported.
The report does not cite the ratio of foreign debt to Gross National Income in 2015 but puts it at 2.9 percent in 2011.