|  | 


Official: World Bank approves granting $90m loan to Iran

Tehran, IRNA – Head of the Organization for investment Economic and Technical Assistance of Iran said despite US and the Zionist lobby opposition, the World Bank has approved granting $90 million worth of loan to Iran to fight COVID-19 pandemic.

Ali Fekri said that the World Bank has ignored the attempts made by the United States and the Zionist lobby and agreed to grant loan to Iran's Health Ministry.

He added that the loan will have the lowest interest rate compared with other international finances.

He noted that all medical equipment and medicines required for fighting coronavirus will be provided by the World Health Organization and will be delivered to Iran.

Source: Islamic Republic News Agency - IRNA

The iran News Gazette is mainly concerned with news and information about the Arab region and also covers international issues. Its main objective is to provide reliable and verified information on the Arab region for publishing on the digital landscape.