Iran to Receive $50 Billion Loan from World Bank to Fight COVID-19

Parvin Faghfouri Azar April 18, 2020 Social and Events, Top News Leave a comment 10 Views

The World Bank (WB) will provide Iran with a $50- billion loan to support the country in fighting coronavirus.
“For the first time since 2005, we will receive a loan worth 50 billion dollars from the World Bank. Preliminary measures have been taken by related bodies such as the Central Bank,” deputy health minister Kamel Taqavinejad said, ISNA reported on Saturday.
“Moreover, the Islamic Development Bank is going to provide us with another loan worth 130 million euros for buying medical equipment,” he added.

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