Sunday, 30 April 2017

Iran provides USD 66 billion loans to mining, industry and trade sectors

Iran has reportedly allocated loans amounting to over $66 billion to the mining, industry and trade sectors in the year just finished.
Mohammad Reza Nematzadeh, Minister of Industry, Mines, and Trade of Iran, was quoted as saying that USD 46 billion in banking facilities were earmarked for mining and industry sectors while over USD 20 billion were extended to the trade sector last year. He added the figures were up 32 per cent and 26 per cent respectively against the figures for the previous year.
>>> SOURCE: Trade Arabia