VOL. XLI

No. 28

13-July-1998

IRAN

Iran's Foreign Debt Falls To $12,563Mn At End-1997

Iran's external debt fell to $12,563mn as of 20 December 1997 from $14,290mn on 20September 1997, according to the latest statistics from the Central Bank of Iran,published in its quarterly bulletin, Economic Trends. Total debt has declined from$23,158mn in 1993-94 to $21,928mn in 1995-96 and to $16,835mn in 1996-97. The total debtfigure on 20 December consists of $2,883mn in short-term debt and $9,680mn in...