Iran's Liquidity, Debt Surge Under President Raisi

Dalga Khatinoglu
Dalga Khatinoglu

Oil, gas and Iran economic analyst

A money changer displays US and Iranian banknotes at the Grand Bazaar in central Tehran October 7, 2015.
A money changer displays US and Iranian banknotes at the Grand Bazaar in central Tehran October 7, 2015.

During the 2.5-year tenure of President Ebrahim Raisi, Iran has seen its liquidity double due to a 100% increase in state debts to Iranian banks, aimed at compensating for the budget shortage and current expenses.