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Central Bank Chief Says Iran To Receive $32 Billion In Unfrozen Assets

The head of Iran’s central bank, Valiollah Seif, says Tehran is set to receive $32 billion of unfrozen assets following the lifting of sanctions under a nuclear deal with world powers.

Iranian state television quoted Seif as saying on January 19 that $28 billion in funds that had been frozen abroad as a result of international sanctions would go to the central bank.

Seif said another $4 billion would be “transferred to the state treasury as the share of the government.”

Sanctions imposed against Iran’s central bank by the United Nations, the United States, and the European Union were lifted on January 16 after the International Atomic Energy Agency certified that Tehran had kept its promises under the nuclear deal it signed in July with world powers.

Based on reporting by AFP, Press TV, AP, and Reuters