General Inspection Office (Iran)

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Politics and government of
Iran

The General Inspection Office of Iran (GIO) is linked to the Judiciary of Iran. It is also called the State Inspectorate Organization of Iran.[citation needed]

Based upon Iran's Constitution, GIO is in-charge for regular controlling and supervising executive bodies, military and disciplinary forces, state-run institutions and companies, municipalities and their subsidiaries, public notary chambers, foundations of public utility, revolutionary organs, and institutions whose financial resources totally or partially belong to the government.[1]

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Delinquent bank loans [edit]

In 2009, GIO informed that Iranian banks have some USD 38 billion of delinquent loans, while they are only capitalized at USD 20 billion.[2] While most Iranians have difficulties obtaining small home loans, 90 persons have managed to secure collective facilities totaling $8 billion from banks.[3]

See also [edit]

References [edit]

  1. ^ http://www.payvand.com/news/09/nov/1019.html
  2. ^ http://www.presstv.com/detail.aspx?id=108239&sectionid=351020102
  3. ^ http://previous.presstv.com/detail.aspx?id=104317&sectionid=351020102

External links [edit]