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News | Iran

Economy minister says about 1,030 trillion tomans of debt securities are budgeted this year

28 July 2026 | 3 months ago

Seyed Ali Madanizadeh, Iran's Minister of Economic Affairs and Finance, speaking on the sidelines of the Government and Private Sector Dialogue Council meeting as reported by Mehr News Agency on the evening of Monday, 5 Mordad 1405 (27 July 2026), said that under the law a total of about 1,030 trillion tomans of government financing through debt securities is projected. He said no securities were issued in the first two months of the year because of restructuring in the debt market and the drafting of new regulations, but a regular issuance programme began in Khordad. He added that around 800 trillion tomans of government financing was raised through securities last year.

The minister also announced the formation of a working group comprising the Ministry of Economy, the Ministry of Health, the Central Bank and the Plan and Budget Organisation to settle debts between the pharmaceutical sector and insurers, saying the necessary resources would be provided for in the 1406 budget bill.

Madanizadeh added that the Central Bank has been directed to lift banking restrictions on contractors exporting technical and engineering services to Iraq, and reported the drafting of a restructuring plan for Bank Sepah and the formation of a working group at the Economy Ministry to rebuild and finance businesses damaged by the war.

Source:Mehr News AgencyThe source text

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