Iran: Cuts to the IMF over Covid-19 for the first time since the 1960s


The coroner is “kneeling” on Iran, with Tehran seeking financial help from the International Monetary Fund for the first time since the 1960s, as it struggles to control the spread of the disease.

According to Abdolnasser Hemati, head of Iran’s central bank, the country has requested about $ 5 billion in financial assistance from the IMF, which has already pledged to have up to $ 50 billion in aid to those countries that trying to tackle the pandemic.

Iranian Foreign Minister Mohammad Javad Zarif has called on the IMF to allow Islamic Democracy immediate access to the facility. After China and Italy, Iran is third in the world in casualties – more than 400.

Tehran is still awaiting the IMF’s formal response, Mr Hemati told reporters, while the Fund confirmed that it had received requests for assistance from countries, including Iran.


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