International Business
<i> Times Staff and Wire Reports</i>
Iran Says It’s Sticking to Debt Repayment: The country has been repaying its debts on time for nearly a year in an effort to restore the credit-worthiness of its banking system, deputy president for economic affairs Mohsen Nourbakhsh said. “All new obligations and letters of credit have been paid exactly on time, and this policy will continue,” said Nourbakhsh, who was attending the World Economic Forum in Davos, Switzerland, an annual meeting of government and business leaders.
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