Irans Nuclear Deal
Iran, 21 August 2017-- According to the News, the short-term foreign debts of the Iran regime has increased by 900%. The state-run websites on August 17, 2017, reported, 'The Central Bank of Iran recently announced that the balance of payments in June 2017 indicates an increase of foreign debts in the 11th government. According to this report, the amount of short-term foreign debts reached $754 million dollars when Rouahni took the office in the first round. The debts have gone up and down over the past 4 years and they finally reached 3 billion and 472 million dollars with an increase of 360% by this year.
In other words, the short- term foreign debts rose 900% after the post-JCPOA period and they have increased by 3 billion and 121 million dollars.
The crippling debts arise from the blocked assets of Iran which were going to be released based on Iran Deal. Therefore, it was expected that Iran would be able to pay the foreign debts on time. Nevertheless, we witnessed the rise in debts.
Additionally, the long-term foreign debts have also increased after Iran Deal, as the Central Bank of Iran reported. An examination on the increase of these two debt indicators shows that the total foreign debts of the country have also risen by 2 billion and 842 million dollars over the past 4 years. The debts of Rouhani's government to the banking system have also doubled to 220 trillion Tomans.
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