EghtesadOnline: Lawmakers on Tuesday passed the amendments to 2016-17 annual budget law, allowing the government to settle its debts to the banking sector by using the Central Bank of Iran’s foreign exchange resources.

EghtesadOnline: The governor the Central Bank of Iran and lawmakers discussed the government’s proposed amendments to 2016-17 annual budget law. The amendment, if passed, would allow the government to recapitalize banks by clearing its debts to lenders by drawing on foreign currency resources.