Investment

Iranian security chief accuses US of “crime against humanity” for “blocking” IMF loan

The secretary of the Iranian Supreme National Security Council has accused the United States of a “crime against humanity” for what he says is Washington’s role in blocking Tehran’s request for an emergency loan from the United States. IMF.

Revolutionary Guard General Ali Shamkhani tweeted on April 5 that “America’s opposition to granting an International Monetary Fund loan to Iran to secure supplies needed to fight coronavirus is a true example of a crime against humanity ”.

Iran requested a $ 5 billion loan from the IMF in March for the first time since 1962. The country is the most affected by the pandemic in the Middle East with thousands of deaths and tens of thousands of people infected. However, there is little international confidence in the transparency and financial accountability of the Islamic Republic in the use of these funds.

At the end of his tweet, Shamkhani added a hashtag saying “Trump is more dangerous than corona”.

Iran has also launched a diplomatic campaign to force Washington to suspend its harsh economic sanctions imposed in 2018 to force Tehran to negotiate its nuclear and missile programs, as well as its regional policies.

The IMF has announced the first tranche of an emergency loan program to developing countries to help them overcome the economic consequences of the global pandemic. The main beneficiary was India with $ 1 billion, while Iran’s neighbors Pakistan and Afghanistan also received smaller amounts.

Iran, accused of supporting militant groups and Bashar Assad’s regime in Syria, has also refused to ratify economic legislation mandated by the international community to prevent money laundering and terrorist financing.

The European Union had promised to support Iran’s request for the IMF loan, but it is not clear whether the United States directly blocked the request or if the IMF has not yet made a decision.

Leave a Reply

Your email address will not be published. Required fields are marked *