Iran Pleads
For $5BN IMF Loan As Deaths Soar Past 4,000; US To
Block FundsBy Tyler Durden
April 08, 2020 "Information
Clearing House" - Iran is desperately pleading for the International
Monetary Fund to approve a $5 billion emergency loan to
help the outbreak-ravaged country to survive.
“I urge international organizations to fulfill
their duties... we are a member of the IMF... There
should be no discrimination in giving loans,”
President Hassan Rouhani
said in televised remarks Wednesday.
He further slammed US sanctions on the Islamic
Republic as “economic and medical terrorism” — given
the US-led near total economic blockade of the country
has severely hampered Tehran's response to the COVID-19
pandemic. There are currently over 64,500 confirmed
cases and as of Wednesday this includes a grim milestone
of surpassing 4,000 deaths after months
ago Iran became the first epicenter outside China,
followed by Italy.
Of course, the U.S. is expected
to block the loan:
The U.S. plans to block Iran’s requested
$5 billion emergency loan from the
International Monetary Fund for funding Tehran says
it needs to fight its coronavirus crisis.
