breaking the government's bond issuance record; 879 thousand billion tomans of bonds were issued in seven months.
The record-breaking issuance of debt securities in the first seven months of the year, with a growth of more than two times compared to the corresponding period last year, indicates the increasing pressures on government financing and the increasing reliance of the Iranian economy on raising loans. The government's share of 86% of the bonds issued and the debt balance that crosses the 2,400 MET limit show that the government relied on debt market resources more than before to finance its expenses; a trend that, if continued, could lead to an accumulation of financial obligations and increase the pressure of debt repayment in the coming years.
Zamane Radio.