Iran asks IMF for $5 billion emergency funding to fight coronavirus

MG News | March 12, 2020 at 04:02 PM GMT+05:00

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March 12, 2020: Iran has asked the International Monetary Fund (IMF) for emergency funding to help it fight the coronavirus outbreak, which has hit the Islamic Republic hard, Foreign Minister Mohammad Javad Zarif said in a tweet on Thursday.

The IMF managing director, Kristalina Georgieva, “has stated that countries affected by #COVID19 will be supported via Rapid Financial Instrument. Our Central Bank requested access to this facility immediately”, Zarif said.

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