Iran to loan small, medium businesses to protect national production

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The remaining of the loan will be allocated to those who receive money from the government based on the targeted subsidy plan, Abdolnasser Hemmati said through a post on Instagram.

He rejected any concerns over the misuse of that loan.

CBI is planned to guarantee the continuation of production activities in the country [as Iran is fighting against the coronavirus pandemic these days while it is under the US sanctions and has not had access to the medical equipment due to the bans], Hemmati noted.

The deadly coronavirus radiating from Wuhan, China, in December 2019 has affected over 2,400,000 people across the world, killing more than 165,000 people; while in Iran the number of dead is over 5,100.

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