EghtesadOnline: Parliament voted for a bill on Tuesday based on which compound interest on bank loans that matured by the end of last fiscal year (March 20, 2019) would be eliminated and debtors given until mid-February 2020 to repay their dues.

EghtesadOnline: The Majlis has asked the government to eliminate the policy of compound interest rates in banks to help promote domestic production, and the Rouhani administration is expected to inform lawmakers about what it thinks of the prospect.