Iran offers Syria USD 4 bn credit line

Iran central bank governor Adib Mayale said that Iran was considering an additional loan totalling another USD 3 billion to bolster the struggling Syrian economy.

Iran offers Syria USD 4 bn credit line

World Bulletin / News Desk

Iran has opened two lines of credit totalling USD 4 billion to Damascus. 

"Iran continues to support Syria, by opening one line of credit worth a billion dollars to finance the import of different items and another line of credit worth three billion dollars to finance the purchase of petrol and associated products," central bank governor Adib Mayale said, quoted in the government daily Tishreen.

He said Iran was considering an additional loan totalling another USD 3 billion to bolster the struggling Syrian economy, which is dealing with the economic impact of a war and international sanctions.

 

Last Mod: 28 Mayıs 2013, 11:39
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