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

The coronavirus death toll in Iran has risen to 354 amid over 9,000 cases. Above, a pedestrian crosses a street while wearing a protective mask in Tehran. (AFP file photo)
The coronavirus death toll in Iran has risen to 354 amid over 9,000 cases. Above, a pedestrian crosses a street while wearing a protective mask in Tehran. (AFP file photo)
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12 Mar 2020 09:03:35 GMT9
12 Mar 2020 09:03:35 GMT9

DUBAI: 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.

https://twitter.com/JZarif/status/1238022679657164801?s=20

Iran’s Central Bank chief Abdolnaser Hemmati wrote on his Instagram page that “in a letter addressed to the head of IMF, I have requested five billion US dollar from the RFI emergency fund to help our fight against the coronavirus.”

Reuters

 

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