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    Dent repayments start

    January 03, 2017

    The government said it will pay off 450  trillion rials ($12.2 billion) of its debt to six state-owned banks by Now Ruz.  The Ahmadi-nejad Administration covered much of its deficits by forcing the banks to make loans to the government.  The announcement didn’t say how much will still be owed after Now Ruz.

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