IMF’s October World Economic Outlook shows that Iran’s economy would shrink by 5.0 percent in 2020. The IMF report expected the country’s gross domestic product (GDP) to grow by 3.2 percent in 2021.
A senior Russian diplomat has slammed the US for obstructing a loan by the International Monetary Fund (IMF) to Iran and Syria to help them in their fight against the coronavirus pandemic.
The European Union has urged the United States to ease its sanctions on Iran and approve economic aid to help deal with the coronavirus pandemic, but its calls were rejected, the EU’s top diplomat said on Wednesday.
The CBI vice governor for economic affairs, Peyman Ghorbani, has been appointed first vice chair of International Monetary Fund’s Group of Twenty-Four (G-24).
President Hassan Rouhani has warned the International Monetary Fund (IMF) to consider Iran’s request for a $5-billion loan without “discrimination” after reports said the US was seeking to block the loan.
Iran has been sidelined from an initiative by the World Bank and the International Monetary Fund (IMF) to coordinate efforts in the Middle East and North Africa (MENA) region to fight the coronavirus pandemic.
Iran said on Thursday that it has sought immediate financial assistance from the International Monetary Fund to help it combat one of the world’s deadliest coronavirus outbreaks.
The International Monetary Fund (IMF) has declared that it will continue cooperation with Governor of Irans Central Bank (CBI) Valiollah Seif despite the new US sanctions against the Iranian official.
Iran says it has reached an agreement with the International Monetary Fund on technical cooperation.