Intel: US speaks out against IMF’s COVID-19 emergency loan to Iran
The United States opposes Iran’s request for an emergency $ 5 billion loan from the International Monetary Fund (IMF) to help it cope with the coronavirus pandemic, Al has learned -Monitor.
“The world’s main terrorist sponsoring state is looking for money to finance its adventurism abroad, not to buy drugs from the Iranians,” a State Department spokesperson told Al-Monitor. “Corrupt regime officials have a long history of diverting funds allocated for humanitarian goods into their own pockets and towards their terrorist proxies. The Iranians themselves know this better, which is why many dissidents and former political prisoners have written to the IMF asking it to refuse to provide direct financial support to the regime, which would not help the Iranian people.
Why is this important: Iran requested the IMF’s $ 5 billion loan last month to help it fight the coronavirus, which has infected nearly 63,000 Iranians and killed more than 3,800 people to date. The secretary of the Iranian Supreme National Security Council, Rear Admiral. Ali Chamkhani, accused the United States over the weekend of using its influence within the IMF to block the loan request. The United States has by far the most shares in the IMF, giving it 16.5% of the body’s total votes. Conversely, the European Union is the favorite exit of the loan.
And after: Sanctions on Iran are quickly becoming a presidential campaign problem, with the vice president Joe biden – the likely Democratic presidential candidate – calling on the Trump administration to expand humanitarian exemptions within the US sanctions regime to help fight COVID-19. His main opponent, Sen. Bernie sanders, I-Vt., Wants the Trump administration to go even further and lift all financial sanctions on Iran amid the coronavirus pandemic.
Know more: Keep an eye on Al-Monitor tomorrow for a detailed article on the IMF’s loan request and sanctions against Iran amid the COVID-19 pandemic from congressional correspondent Bryant Harris. Waiting for, Al-Monitor has the story on pressure from President Hassan Rouhani to open certain sectors of the economy by Wednesday despite warnings from health officials.