Iran has unveiled a package of state-backed loans to support poorer people and boost consumer spending as the government prepares to ease some of the work restrictions it imposed to contain coronavirus. President Hassan Rouhani said the measures would include guaranteeing bank credit of 10m rials ($61) to 23m families — most of the population — and low-interest rate loans up to 20m rials to lower-income households.
Iran has unveiled a package of state-backed loans to support poorer people. This is quite generous given the criminal sanctions imposed on her, and certainly more generous than the measly $1,200 US stimulus that does little for America's most vulnerable
— iraniandotcom (@iraniandotcom) April 6, 2020