VOL. XXXIV
NO. 39
1-JULY-1991
Financial and Banking News
Financial Policy
Iran Estimates Losses from Eight Year War, and Links Compensation toReturn of Iraqi Aircraft
Iran's Plan and Budget Organization recently estimated the country's directlosses as a result of the war with Iraq at IR30,811bn. Indirect losses, such asunder use of production capacities, was put at IR34,542bn. Conversion of thesefigures into meaningful dollar equivalents is impossible because Iran usesvarious official exchange...
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