Accounts of the National Iranian Oil Company over $1 billion in debt were blocked; but this is only the tip of the iceberg of the company’s debts. The main debt is to the Central Bank and the National Development Fund; that is, to the national savings and the people’s table. And the budget law, every year, with just a single sentence, postpones repayment. In this section, Mohammad Mashinchian examines the full accounting of the National Iranian Oil Company’s debts and their hidden cost for the people of Iran.



Comments
Top comments