Iran records 3,872 coronavirus deaths

Iran records 3,872 coronavirus deaths

Iran’s coronavirus death toll rose to 3,872 with 133 deaths in the past 24 hours, Health Ministry spokesman Kianush Jahanpur told state TV on Tuesday.

IRAN IS STRUGGLING TO SHIELD ITS ECONOMY

ader Ayatollah Ali Khamenei has approved the withdrawal of one billion euros from the country’s sovereign wealth fund to help fight the coronavirus epidemic, President Hassan Rouhani’s official website said on Monday.

Shut out of international capital markets and facing a further hit to its finances with the collapse in global oil prices coming on top of US sanctions, Iran is struggling to shield its economy from the coronavirus pandemic.

Rouhani said in late March that the government was seeking approval for the withdrawal of the money from the sovereign wealth fund.

The money will be used for the needs of the health ministry and the unemployment insurance fund, the statement on the presidency website said, adding that Rouhani had thanked the supreme leader for his move.

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