No Change in IMF Policy on Iran

By John Lee.

The Managing Director of the International Monterey Fund (IMF) has said the IMF sees no reason to change its policy on granting loans to Iran, despite US pressures and bans.

Christine Lagarde (pictured) told a news conference on Sunday:

“You know, we operate with 189 members, and we only provide support and enter into program negotiations when a country asks for it. And we see no reason to change anything in the guidelines that we have received from the Board and to continue to operate in the same manner.”

(Sources: IMF, Tasnim)

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