May 26, 2024

Paull Ank Ford

Business Think different

U.S. to Block Iran’s Request to IMF for $5 Billion Loan to Fight Coronavirus

The U.S. programs to block Iran’s asked for $5 billion crisis financial loan from the Intercontinental Financial Fund for funding Tehran says it wants to struggle its coronavirus disaster.

Senior officers in the Trump administration claimed Iran’s federal government has billion-greenback accounts even now at its disposal. If permitted to tap IMF funding, the officers claimed, Tehran would then be ready to divert all those or other money to help its economic system, which has been weakened by U.S. sanctions, or finance militants in the Center East, rather than on that contains…