VOL. XLVI

No 49

8-December-2003

IRAN

BUDGETS AND REVENUES

Irans External Debt Declines Slightly

Irans total external debt on 20 June 2003 (the end of the first quarter of the Iranian year 1382 which started on 21 March) fell by $92mn to $9.158bn from $9.250bn on 20 March 2003, according to statistics published by the Central Bank of Iran (CBI) in its latest quarterly bulletin, Economic Trends. Despite the decline, the latest figure represents a 22% increase on the stock of debt at the end of the...