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Time to act, Iran says, urging IMF to provide loan via INSTEX, SHTA
Apr 20, 2020 06:17The Governor of the Central Bank of Iran called on the International Monetary Fund to make use of the EU-Iran trading mechanism ‘INSTEX’ or the Swiss humanitarian channel for Iran ‘SHTA’ to make a $5 billion loan that Tehran has applied for to deal with the coronavirus outbreak.
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IMF predicts lower contraction for Iran’s economy after pandemic
Apr 15, 2020 06:54The International Monetary Fund (IMF) has expected that the Iranian economy would do better in the wake of the current coronavirus pandemic compared to the previous fiscal year.
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Iran’s top banker: IMF loan unconditional
Apr 15, 2020 06:36The loan that Iran has asked the International Monetary Fund for in order to deal with the coronavirus outbreak is totally unconditional and must be given immediately, the Governor of the Central Bank of Iran said.
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US cannot treat world countries, intl. bodies as its subordinates: Iran
Apr 13, 2020 12:41Iran says the United States cannot treat world countries and international institutions as its property, and subject them to subordination.
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US has no veto power in IMF to block Iran’s request: VP
Apr 13, 2020 06:10Iranian Vice-President for Economic Affairs Mohammad Nahavandian said no country, including the US, has the veto power in the International Monterey Fund to block another country’s loan request.
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President Rouhani: IMF must fulfill its duties without bias against Iran
Apr 10, 2020 04:25President Hassan Rouhani says the International Monetary Fund (IMF) must fulfill its duties toward all member countries, including Iran, without any bias.
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IMF says virus pandemic to unleash worst recession since Great Depression
Apr 09, 2020 18:08The coronavirus pandemic will trigger the worst fallout since the 1930s Great Depression, warns the IMF head.
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Iran warns IMF, says US cannot veto its request for loan
Apr 08, 2020 09:49President Hassan Rouhani has warned the International Monetary Fund (IMF) to consider Iran’s request for $5 billion without “discrimination” after reports said the US was seeking to block the loan.
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Iran not invited to WB/IMF initiative on coronavirus coordination
Mar 23, 2020 04:28Iran has been sidelined from an initiative by the World Bank and the International Monetary Fund (IMF) to coordinate efforts in West Asia and North Africa region to fight the coronavirus pandemic.
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IMF refuses aid to Venezuela in midst of Covid-19 crisis
Mar 22, 2020 19:24Recently Venezuelan President Nicolas Maduro met with senior government officials in Caracas. During the meeting, the Venezuelan pharmaceutical body (CIFAR) and Venezuelan medical equipment companies said they would be able to increase production of machines and medicines to stem the coronavirus crisis; but, they said, they would need key raw materials that have to be imported.