IMF Considers Iran’s $ 5 Billion Loan Against Coronavirus

IMF Considers Iran's $ 5 Billion Loan Against Coronavirus

A spokesperson for the International Monetary Fund said on Wednesday that the IMF is considering a request for a $ 5 billion loan submitted by the Central Bank of Iran to combat the crown pandemic, which involves heavy losses for Iranians. “We have negotiated with the Iranian authorities to better understand their request for emergency funds from the Fund,” said an IMNA spokesperson on condition of anonymity.

“The discussion about the emergency facilities will continue in the coming days and weeks,” he added. Earlier, the head of the Central Bank of Iran, Abdolnasser Hemmati, said Iran had applied for a $ 5 billion loan from the International Monetary Fund as part of CORONA’s accelerated campaign for financial instruments.

Hemmati wrote on his Instagram page that IMF Managing Director Kristalina Georgieva announced that the international community wanted the IMF to help the world fight the coronavirus, and that the IMF had to offer $ 5 billion in urgent funds for countries affected by the virus. Georgieva said that no one should die due to a lack of financial resources for medical equipment.

Hemmati said he wrote an IMF loan application in a letter on March 6. Meanwhile, Iranian Foreign Minister Muhammad Javad Zarif wrote on his Twitter account: “@KGeorgieva The IMF stated that countries affected by # COVID19 will receive support through the Quick Financial Tool. Our Central Bank immediately requested access to this service, the IMF / IMF Council must fulfill the mandate of the Fund, put itself on the right side of history and act responsibly. “

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