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debt swap

  • EghtesadOnline: Iranian private sector production units are now allowed to swap their debts to state-run banks or state-based services companies with what they are owed by government medical centers, a top private sector representative announced.

  • EghtesadOnline: Majlis Joint Commission, the body responsible for reviewing the budget bill before its final parliamentary ratification, has approved the inclusion of a clause in the fiscal 2018-19 budget that would see 500 trillion rials ($11.49 billion) of government arrears to private contractors to be cleared through a multilateral debt swap.