IMF in dialogue with Iran for financial aid amid coronavirus pandemic: Official

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IMF in dialogue with Iran for financial aid amid coronavirus pandemic: Official Anonymous 04/02/20 (Thu) 16:38:07 3075e6 No.88924

Most of you may be aware of Iran's status as one of the few developing countries in the world to not be heavily indebted to the IMF or otherwise partake in much of the standard Western / globohomo rituals. It seems with the onset of COVID-19 effects though, that this status may be about to change - with Iran asking for $5 billion in aid from the UN organisation (read: the Fed and the public funds of other member nations). Helping to accelerate this growing dependency and existing economic strain is of course the latest rounds of Trump administration sanctions on the country, which he ostensibly appeared as ready to negotiate were Iran to 'pick up the phone', during last night's press briefing.

>The International Monetary Fund (IMF) is in dialogue with Iranian authorities after Iran’s request for financial aid to help it to contend with the fallout from the coronavirus pandemic, an IMF official said.

>Iran - the worst-hit Middle East nation - has asked the IMF for $5 billion in emergency funding.

>The IMF is in talks to understand Iran’s needs and what is required for Iran’s demand to be processed, Jihad Azour, director of the IMF’s Middle East and Central Asia Department, said during a virtual panel discussion moderated by the Carnegie Middle East Center.

>Iran has asked the International Monetary Fund (IMF) for emergency funding to help it fight the coronavirus outbreak, which has hit the Islamic Republic hard, Foreign Minister Mohammad Javad Zarif said in a tweet on Thursday.

>The IMF managing director, Kristalina Georgieva, “has stated that countries affected by #COVID19 will be supported via Rapid Financial Instrument. Our Central Bank requested access to this facility immediately,” Zarif said.

>Iran’s Central Bank chief Abdolnaser Hemmati wrote on his Instagram page that “in a letter addressed to the head of IMF, I have requested five billion US dollar from the RFI emergency fund to help our fight against the coronavirus.”

https://english.alarabiya.net/en/business/economy/2020/04/01/IMF-in-dialogue-with-Iran-for-financial-aid-amid-coronavirus-pandemic-Official.html

https://archive.is/WcMcH

https://english.alarabiya.net/en/business/economy/2020/03/12/Iran-asks-IMF-for-5-bln-emergency-funding-to-fight-coronavirus.html

https://archive.is/jKMAF

____________________________

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Anonymous 04/02/20 (Thu) 17:42:27 3075e6 No.88942

File: 8e83207fb2d0357⋯.jpg (3.03 MB, 3960x2645, 792:529, Iran_coronavirus.jpg)

EU supports Iran, Venezuela bids for IMF support in fight against coronavirus

This won't be especially surprising for those of you who have read my explication of the global privatisation process here >>34722. Understandably, EU nations including those involved with the development of INSTEX (which celebrated its first transaction with Iran 2 days ago) have a significant incentive to bypass the sanctions laid on the country by the US.

>The EU backs Iran and Venezuela in their requests for emergency funding from the International Monetary Fund (IMF) to help them fight the coronavirus outbreak, EU foreign affairs chief Josep Borrell said on Monday (23 March).

>Both countries are under US sanctions and have recently asked the IMF for emergency funding of $5 billion each.

>Last week the IMF said it had allocated $50 billion for countries struggling with the outbreak.

>The IMF managing director, Kristalina Georgieva, has stated that “countries affected by #COVID19 (coronavirus) will be supported via Rapid Financial Instrument.

>Similarly, Venezuela’s government has made a formal request to the IMF for $5 billion in financing to strengthen the country’s health system to tackle the coronavirus, according to a letter by its foreign ministry.

>But the IMF was quick to reject Venezuela’s bid, on the grounds that “there is no clarity” on international recognition of the country’s government.

>Unlike the General Assembly of the United Nations, where each country has one vote, decision making at the IMF was designed to reflect the relative positions of its member countries in the global economy. The votes of the EU countries carry [weight], but the US is the largest shareholder and holds veto power.

>It is widely believed that the US will veto the requested IMF assistance by Iran.

>The EU-Iran trading mechanism INSTEX, designed to allow Europeans to bypass US sanctions and continue trade with Tehran, has successfully concluded its first transaction. However, the humanitarian deal actually doesn’t appear to contravene EU sanctions.

https://www.euractiv.com/section/global-europe/news/eu-supports-iran-venezuela-bids-for-imf-support-in-fight-against-coronavirus/

https://archive.is/B4MPs

https://www.euractiv.com/section/global-europe/news/eus-instex-mechanism-facilitates-first-transaction-with-pandemic-hit-iran/

https://archive.is/9yFwb

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Anonymous 04/02/20 (Thu) 20:13:09 3075e6 No.89015

World Bank Group Launches First Operations for COVID-19 (Coronavirus) Emergency Health Support, Strengthening Developing Country Responses

As the official COVID-19 tally just passes one million cases:

>The @WorldBank announced today it was prepared to deploy up to $160 billion over the next 15 months to help countries recover from the health & economic consequences of the #COVID19 pandemic.

https://www.worldbank.org/en/news/press-release/2020/04/02/world-bank-group-launches-first-operations-for-covid-19-coronavirus-emergency-health-support-strengthening-developing-country-responses

https://archive.is/tVSLp

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Anonymous 04/02/20 (Thu) 21:44:20 e6a818 No.89039

So this virus was the equivalent of having the bad goyim democratically bombed so they are forced into debt slavery?

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Anonymous 04/02/20 (Thu) 22:25:40 3075e6 No.89057

File: 29a3b84c456915e⋯.gif (2.17 MB, 450x450, 1:1, 1495510096688.gif)

>>89039

I won't personally be jumping to any conclusions about responsibility for the virus (beyond the obvious fuckery of China attempting to crack down on dissent and coverage of the issue), but it is funny how it seems to have worked out that way, isn't it?

Perhaps we'll see a lot of multinational investment in Iran in the upcoming few years, as we have with Ukraine. Or maybe they will need to be 'encouraged' a little further.

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Anonymous 04/03/20 (Fri) 16:31:37 b6c6b4 No.89501

Is this a loan or emergency aid that doesn't need to be paid back?

If it's a loan what's stopping Iran taking the money, agreeing to all the 'reform' conditions that will inevitably go with with tge loan then simply defaulting telling IMF to fuck off?

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