Iran's 2020-21 Budget Bill Allows Municipalities to Issue Sukuk Bonds Worth $357m
EghtesadOnline: As projected in the draft budget bill for the fiscal 2020-21, the Iranian government has permitted municipalities to issue sukuk (Islamic bonds) to the tune of 50 trillion rials ($357 million) for expanding urban public transportation.
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Publish Date:07/January/2020 | 24:48