Foreign Relations
See also: Foreign relations of Iran and Foreign banks in IranIran is member of the Islamic Development Bank. As of August 2006, the World Bank has financed 48 development projects in the country for a total original commitment of US$3,413 million. World Bank loans to Iran come only from the International Bank for Reconstruction and Development (IBRD). Iran is a member of the World Bank's Multilateral Investment Guarantee Agency. Iran joined the International Monetary Fund (IMF) on December 29, 1945. CBI governors attend IMF's board discussions on Iran on behalf of the government. These meetings are usually held once a year in Washington, D.C.. The Central Bank of Iran has an observer status at the annual meetings of the Bank for International Settlements (BIS) in Basel, Switzerland.
Read more about this topic: Central Bank Of The Islamic Republic Of Iran
Famous quotes containing the words foreign and/or relations:
“Most of our occupations are low comedy.... We must play our part duly, but as the part of a borrowed character. Of the mask and appearance we must not make a real essence, nor of what is foreign what is our very own.”
—Michel de Montaigne (1533–1592)
“Happy will that house be in which the relations are formed from character; after the highest, and not after the lowest order; the house in which character marries, and not confusion and a miscellany of unavowable motives.”
—Ralph Waldo Emerson (1803–1882)