EghtesadOnline: New monetary data show growth in the monetary base is driven more by bank debts to the Central Bank of Iran and less by CBI’s foreign debts.

EghtesadOnline: A review of official data published in Central Bank of Iran’s reports by Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that rising liabilities of the banking system to the central bank has been the main reason behind a surging monetary base.

EghtesadOnline: The Social Security Organization (SSO) paid 880 trillion rials ($2.1 billion) in outstanding debts to banks as instructed by President Ibrahim Raisi.

EghtesadOnline: Debts of banks to the Central Bank of Iran have been rising at an alarming rate in recent years and the issue has become a major challenge for the banking system because the unpaid debts are a major factor behind the bulging liquidity and the galloping inflation.