Reuters - The International Monetary Fund is still assessing Irans request for $5 billion in emergency financing in a process which is taking time partly because of the IMFs limited engagement with Tehran in recent times, a senior IMF official told Reuters. Iran, the Middle East country worst affected by the new coronavirus outbreak, approached ...

Reuters - Irans economy is expected to shrink for the second consecutive year and inflation could reach 40 percent, an International Monetary Fund senior official said, as the country copes with the impact of tighter sanctions imposed by the United States. Washington, which re-imposed sanctions against Irans oil exports last November, this month ...