No 43

22 October 2001


Irans External Debt Falls $2.2BnIn Year To 21 June 2001

Irans total external debt as at21 June 2001 (the end of the first quarter of the Iranian year 1380) fell to$7.393bn from $7.952bn on 20 March 2001 and from $9.585bn on 21 June 2000,according to statistics published by the Central Bank of Iran (CBI) in itslatest quarterly bulletin Economic Trends. The decline in the debt stockis the result of higher oil revenues since April 1999, when prices began tofirm....