Rouhani outlines details: Iran offering 'relief plans' to low-income families

Business Materials 26 July 2020 15:24 (UTC +04:00)
Rouhani outlines details: Iran offering 'relief plans' to low-income families

TEHRAN, Iran, July 26


Iran's government has plans to provide mortgage loans to low-income families with a 13-percent interest, said Iran's President Hassan Rouhani, Trend reports via IRNA.

"The government offered two plans to help the people to pay their rents during the COVID-19 spread, which included stabilizing rent and offering a 13-percent interest rate mortgage," he said.

The president went on to add that Iran is doing all it can to assist the people with low income during hard economic times. He also mentioned a special package of 30 million rials ($714) to be paid to each household, that are in desperate need.

"In the current situation, the priority is to provide medical needs and the Health Ministry and the Ministry of Industry, Mine and Trade and other organizations are trying to help out," he added.

"A total of 11 million face masks are being produced every day in the country,following the mandatory instruction of wearing masks. This requires sufficient amount of masks that are available for people, with proper prices," he said.

He once again reminded the people to follow the health protocols and observe social distancing.

The country continues to apply strict measures to contain the further spread of coronavirus. Reportedly, the disease was brought to Iran by a businessman from Iran's Qom city, who went on a business trip to China, despite official warnings. The man died later from the disease.

The Islamic Republic only announced its first infections and deaths from the coronavirus on Feb. 19.

The outbreak in the Chinese city of Wuhan - which is an international transport hub - began at a fish market in late December 2019.

The World Health Organization (WHO) on March 11 declared COVID-19 a pandemic. Some sources claim the coronavirus outbreak started as early as November 2019.