Iran's external debt grows by nearly 18%

Iran's external debt grows by nearly 18%
© Photo: Maria Novoselova/Vestnik Kavkaza

According to data from the Central Bank of Iran, the country’s external debt rose by 17.6% over the past year.

As of the end of the sixth month of the Iranian year, on September 22, the external debt reached 5.38 billion, compared to approximately 4.58 billion on September 21 of the previous year, indicating an annual increase of 17.6%.

The debt structure shows short-term obligations amounting to $3.48 billion, with $1.9 billion long-term liabilities.

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