Tue Sep 25, 2018 19:06:13
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In a cabinet meeting chaired by President Rouhani;

Executive order on settlement of gov't credits, debts approved

The Council of Ministers convened on Wednesday in a meeting that was chaired by President Hassan Rouhani and discussed and approved executive order for settling government's debts and credits.

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Wed 11 - July 2018 - 14:08

Based on what was decided, the cabinet approved one of the executive orders of 1397 budget act on settlement of government's credits and debts through issuing Treasury clearing documents.

Also, according to the executive order, definitive government debts to those who have requested it by the end of 1396 can be determined through issuance of Type I Treasury Settlement Certificates, and those who have requested it by the end of 1395 can be determined through issuance of Type II Treasury Settlement Certificates.

After commenting on a number of proposals by the parliament, the Council of Ministers then set its representative to follow the issue.

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