Iran set to go bust: President Rouhani makes desperate plea for $5billion IMF loan

Iran set to go bust: President Rouhani makes desperate plea for $5billion IMF loan

Daily Express - World·2020-04-10 11:01

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And today President Hassan Rouhani pressed harder for a $5 billion emergency International Monetary Fund (IMF) loan - its first request since the overthrow of the Shah and the foundation of the Islamic Republic in 1979. While Iran has the worst reported outbreak in the Middle East with a death toll that lags only Italy, China and Spain, it is spending only a fraction of the amounts its wealthier neighbours are throwing at their economies.

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