VOL. XLI/VOL. XLII
Nos. 52/1
28-December-1998/4-January-1999
IRAN
Iran Still Seeking $3Bn In Bridging Loans
Further details have become available on Irans reportedbreakthrough in negotiating bridging loans of $3bn with Germany, Japan and Italy, eachproviding about $1bn. The loans are needed to help Iran stay current with its foreign debtrepayments. According to the Central Bank of Iran, total short, medium and long-term debtstood at $11.309bn on 21 June 1998, and Iran is due to repay $5.567bn of...
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