Impact of Coronavirus on the Iranian economy

Iran, a country deeply affected by the Coronavirus, is facing a difficult economic and social situation.

The fall in oil barrel price and the sanctions imposed by the United States are also weighing on the country's finances.

In an attempt to alleviate the impact of the crisis, the government has decided to withdraw 1.093 billion USD from the Sovereign Wealth Funds.

The sum is intended to support the health system and the unemployment insurance fund.