VOL. XXXIII

NO. 17

29-JANUARY-1990

Financial and Banking News

Budgets & Revenues

Iran Takes First Step towards Export Guarantees

The Central Bank of Iran has announced measures which represent its firstconcrete steps towards providing export promotion facilities, in the form ofcredit guarantees, rather than direct lending. The announcement was made in aroutine statement by the Bank's Governor, Mr. Muhammad Husayn Adeli, on 7January in which he discussed minor extensions to the availability of...