VOL. XLII

No. 17

26-April-1999

IRAN

Nourbakhsh Says Iran Has Completed Debt Rescheduling WithTrading Partners

According to Dr. Mohsen Nourbakhsh, the Governor of theCentral Bank of Iran (CBI), Iran no longer requires further debt reschedulingnegotiations with its trading partners following the recent conclusion of dealsworth $2bn with Germany, Italy and Japan. In an interview with MEES PublisherBasim Itayim in Tehran last week, Dr. Nourbakhsh explained that as a result oflow oil prices in 1377...