VOL. XXXV

NO. 47

24-AUGUST-1992

Financial andBanking News

BUDGETS AND REVENUES

Iran's Central Bank Governor Confirms Huge Rise in Imports

Iranian imports in the year to 21 March 1992 totaled $28bn, an increase of 31 % on the previous year, according to the Governor of the Central Bank, Mr. Mohamed Hossein Adeli. Speaking at a news conference on 20 August, Mr. Adeli confirmed that the country was having difficulties making some hard currency payments as a result of the increase in imports. Iranian...