$5 Billion Set Aside for Businesses Affected by COVID-19: Iran President

Iranian President Hassan Rouhani says some 750 trillion rials (around $5 billion) will be made available to businesses affected by the coronavirus outbreak.

Rouhani said some Rls. 50 trillion will also be earmarked for the Unemployment Insurance Fund.

He said the government will offer low-interest loans to businesses which have suffered losses as a result of the coronavirus outbreak, provided that they have not fired their workers since the outbreak of the virus.

The president noted tens of thousands of beds at convalescent care facilities are now ready to offer services to patients. He added some 20 thousand hospital beds are also free and can be used for potential coronavirus patients needing inpatient treatment.

He reiterated the importance of the social-distancing plan which has just come into force across the nation to contain the spread of the disease.

President Rouhani said as the medical sector continues to offer services, measures have also been adopted to compensate the losses that businesses have suffered.

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.


Please enter your comment!
Please enter your name here