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Iran likely to begin paying loans to businesses

Business Materials 1 June 2020 14:53 (UTC +04:00)
Iran likely to begin paying loans to businesses

TEHRAN, Iran, June 1

Trend:

Most likely, the government will begin to pay loans and credits to businesses, which have insured and protected their employees amid coronavirus outbreak, from June 9, a representative of Industry, Mine and Trade Ministry said.

“The loan amounts from $2,800 to $3,800, and there is a flat interest rate of 12 percent,” Ebrahim Dorosti said, Trend reports citing ILNA.

“Currently, only the meeting halls, bathhouses and some other public places are not allowed to reopen,” he said.

The ministry representative noted that the activities of traditional cafes are unrestricted, but they are not allowed to serve hookah to customers.

Speaking about reopening of the pools, he said that new protocols have been developed for them including reopening of outdoor pools in coronavirus low-risk areas.

"Our first priority is to observe the health protocols,” he said adding that all requirements of the National Committee on Combating Coronavirus shall be strictly observed.

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