VOL. XLV

No 31

5-August-2002

IRAN

Irans Foreign Debt Rises After Falling For Several Years

Irans total external debt on 20 March 2002 (the end of theIranian year 1380) rose by $579mn to $7.081bn from $6.502bn at the end of thethird quarter of 1380 (21 December 2001), according to statistics published bythe Central Bank of Iran (CBI) in its latest quarterly bulletin, Economic Trends. This is the firstincrease in debt to be recorded since Iranbegan to gradually repay the large foreign debt...