Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said the CBI is making all-out efforts to provide funds for the purchase of medicines and medical equipment needed for the battle against the coronavirus outbreak amid the cruel US sanctions.
Governor of the Central Bank of Iran Abdolnasser Hemmati said on Thursday that Iran has requested dlrs five billion loan from the International Monetary Fund in the CORONA campaign package of Rapid Financial Instrument.
The head of the International Monetary Fund said the lack of deeper improvements in the global economic system is hindering what’s already an “anemic” outlook for growth, especially as the shock caused by the coronavirus further dims prospects for a pickup this year.
The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly weaker pace than previously anticipated amid threats related to trade and tensions in the Middle East.
India’s government should avoid a fiscal stimulus to spur the economy, and focus instead on cutting public debt so that financial resources can be freed up for investment, the International Monetary Fund said.
Record commodity prices and low global interest rates have encouraged African countries to borrow like they did in the 1990s, but now some are struggling to pay up as their revenue slows along with economic growth.