VOL. XXXIV

NO. 35

3-JUNE-1991

Financial and Banking News

Loans & Issues

Iran Wants $27.7bn in Foreign Credit for Five-Year Plan, Says FinanceMinister

Iran's Minister of Finance, Mr. Mohsen Nourbakhsh, has said that Iran isseeking a total of $27.7bn in foreign financing for its current five-yearplan. Mr. Nourbakhsh told Reuters on 27 May that Iran was negotiating withforeign governments and international banks to secure investments and foreigncredits worth $17.7bn, and that another $10bn in the...