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| Iran’s external debt to decline: EIU |
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TEHRAN, Aug. 2 (MNA) – The Economist’s Intelligence Unit has predicted that Iran’s external debt will fall in the next two years. In its July report, the EIU has anticipated that Iran’s external debt will reach 14.8 billion dollars by the end of 2011, but it will fall in 2012 and 2013, reaching 14.1 billion dollars and 13.8 billion dollars, respectively. The report also shows that in terms of the ratio of gross domestic product, the trend of Iran’s external debt will be hopefully. According to the report, the percentage of the external debt to the GDP will decrease from 3.1 percent in 2011 to 2.6 percent in 2012 and to 2.2 percent in 2103.   Socialize this Subscribe to our RSS feed to stay in touch and receive all of TT updates right in your feed reader
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