Iran presses for IMF loan; some business to stay shut despite easing

  • 📰 Reuters
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

President Hassan Rouhani pressed harder on Wednesday for a $5 billion emergency IMF loan Iran has sought to fight the Middle East's worst coronavirus outbreak, saying the Fund would be guilty of discrimination if it withholds the money.

DUBAI - President Hassan Rouhani pressed harder on Wednesday for a $5 billion emergency IMF loan Iran has sought to fight the Middle East’s worst coronavirus outbreak, saying the Fund would be guilty of discrimination if it withholds the money.

Iran’s central bank wrote last month to the International Monetary Fund to request the $5 billion from its Rapid Financing Initiative, an emergency programme that aids countries faced with sudden shocks such as natural disasters. It was Tehran’s first request for IMF aid since Iran’s 1979 Islamic Revolution.

Iran has banned intercity travel and shut non-essential businesses to fight an outbreak that according to official figures has killed 3,993 people and infected 64,586. An IMF official has said the Fund is in dialogue with Iran, with talks aimed at understanding Iran’s needs and what is required for the loan request to be processed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

no, give up hate first. Funny condems the west, but will take thier mney.

Why don’t they just ask their Islam buddies in the Gulf Region... OH yea they pissed everyone off except for the terrorist groups they financed, who I’m sure will return some of cash to Iran, NOT

No. Iran must return to a non-muslim democracy first. Stop praying 4 times a day and show you are serious about capitalism.

IMF Don’t sponsor Terrorism

Right

IMF loan to accelerate their nuclear weapons program ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines