April 21, 2017
The Central Bank of Iran published figures showing that the national debt has risen 70 percent since President Rohani took office. It said the debts of the entire state—that is government agencies plus state-owned businesses—stood at 351.8 trillion rials when Rohani took office and rose through February of this year to 597.6 trillion rials, a hike of 69.8 percent. In dollar terms, using the exchange rates that applied on these two different dates, the debt rose by 45 percent from $11.0 billion to $15.93 billion.