Azerbaijan, Baku, August 13 / Trend N. Umid
Iran's private and state sectors debts to country's banks has reached $196.4 billion(based on official rate of 24,794 rials per each USD) on June 21, which indicates increase by 19.3 percent compared to same date last year, Iranian Jahanesanat newspaper reported.
According to the report, the figure was $186 billion at the end of last solar year (ended on March 21).
The report also said that private sector's debts to banks in the period of June 21, 2010 to June 21, 2011 and from June 21, 2011 to June 21, 2012 have increased by 33.4 and 48 percent respectively.
Private and state sector's debts to banks on June 21 have increased by 17 and 35 percent respectively compared to the same date of last year, according to the newspaper.
According to the reports of Central Bank of Iran, the government's debts to CBI from the beginning of Mahmoud Ahmadinejad's government until spring of 2011 increased by 324 percent.
Iran's government and judiciary had many conflicts regarding the bank debtors' cases in the past few years, but so far the debts have not been paid off.
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