Iranian foreign debt to drop in next 3 years –The Economist

Iranian foreign debt to drop in next 3 years –The Economist

The Economist predicts a reduction of Iran’s foreign debt in the next few years, Iran News reports.

Iran had a foreign debt of $12 billion (2.8% of the GDP) in 2011. The volume should drop to $10.9 billion (2.3% of the GDP) this year.

The debt will continue dropping in 2013 to $10.1 billion (1.9% of the GDP) and 1.7% of the GDP in 2014.

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