EghtesadOnline: The Iranian government has paid loans worth 28.9 trillion rials ($120 million) to transportation companies hurt by the coronavirus as of Jan. 19, an official with the Ministry of Roads and Urban Development said on Tuesday.
EghtesadOnline: The government has unveiled its coronavirus aid package for home renters.
EghtesadOnline: The Central Bank of Iran, along with several local banks and government, is set to roll out an aid package worth $2 billion to boost the country’s automotive industry, secretary of Iran Auto Parts Manufacturers Association said.
EghtesadOnline: The U.S. Senate on Tuesday unanimously approved $484 billion in fresh relief for the U.S. economy and hospitals hammered by the coronavirus pandemic, sending the measure to the House of Representatives for final passage later this week.
EghtesadOnline: Iran National Innovation Fund intends to offer local knowledge-based companies aid packages to the tune of 500 billion rials ($3.8 million) in the form of loans to empower tech companies in the country.
EghtesadOnline: An aid package worth $844 million is needed for saving Iran’s two chronically struggling carmakers.
EghtesadOnline: If the Iranian government does not offer the local auto industries an aid package to the tune of 70 trillion rials ($466 million) soon, over 700,000 workers employed in the key sector will join the dole queue, the secretary of Iran Auto Parts Manufacturers Association claimed.