$75m deposited in unemployment insurance fund

Financial Tribune – A total of 12,860 billion rials ($75 million) have been deposited into the Social Security Organization’s Unemployment Insurance Fund, according to the Ministry of Cooperatives, Labor and Social Welfare.

The funding came from the €1 billion coronavirus relief package from the National Development Fund of Iran, Mehr News Agency reported.

“Close to 820,930 people have filed for unemployment since March 13, of whom 687,911 were found eligible for benefits,” Masoud Babaie, an official with the Cooperatives Ministry, said.