Tuesday, October 22, 2013

Ahmadinejad Administration’s Debts Amount to 1800 Trillion Rials - Rouhani

Iranian President Hassan Rouhani said today that previous administration's debts to the banks, private sector and contractors amount to 1800 trillion rials ($150 billion in official exchange prices or $60 billion based on current free market rate).

“With the help of MPs, the government will be able to create a reasonable budget plan for the next calendar year (which starts March 21, 2014), to settle the debts,” Rouhani said (Mehr News Agency, 22 October)

Rouhani made the remarks during a gathering of Isfahan’s Majlis members.

“The government's performance is not perfect, but the huge amount of debts makes work difficult," Rouhani said. (Mehr News Agency/Trend, 22 October)

File photo: Iranian President Hassan Rouhani (IRNA) 


Anonymous said...

That is the only response to Islamic Republic


Anonymous said...

Creating debt is in this case a rather a form of daylight robbery - politically and economically - 'debt' is a qualification for borrowed money in the case the money is invested in some production - not here; but hey, at least we know beyond any doubt that this kind of robbery is rather well protected within islamo-nazi republic.