Official said Iran was the 'epicenter of Covid-19 infections in the region'

The World Bank has approved $90 million in additional financing for Iran to help the country fight against the Covid pandemic, a spokesperson said Friday.

The Washington-based development lender's board of directors approved the aid on December 21, a World Bank spokesperson said, which "will be utilized only for procuring additional lifesaving, essential medical equipment to strengthen Iran's pandemic response."

"This funding will not go to the Iranian budget and all loan proceeds, as well as procurement and disbursements, are being managed by the World Health Organization," the spokesperson said. ... Read More: i24