World Bank: Iran's foreign debt down 64% in 2015
The World Bank has in its latest report put Iran's foreign debt in 2015 at $6.322, down almost 64 percent compared to the figure in 2011, when sanctions were issued against Iran.
According to the WB report, 'The world statistics on 2017 debt', Iran's foreign debt was 17.344 billion dollars in 2011, including $4.814 billion long-term and $10.320 billion short-term and $2.209 billion debt to such international financial organizations as the WB and the IMF.
The report said in 2015, Iran's long-term foreign debt was $2.326 billion, its foreign short-term debt $2.019 billion and to international financial organizations $1.976 billion.
The report does not cite the ratio of foreign debt to Gross National Income in 2015 but puts it at 2.9 percent in 2011.
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