Iran denies missing World Bank payments, blames sanctions


  • World
  • Sunday, 21 Jul 2013

DUBAI (Reuters) - Iran denied on Sunday it had failed to make payments on its loans to the World Bank for the last six months, blaming Western sanctions for preventing an intermediary from forwarding funds to the global lender, Iran's IRNA state news agency said.

The World Bank said on Thursday it was placing Iran's loans in non-performing status as Tehran had not paid back any of the money it owed for more than six months.

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