Business And Markets
0

Businesses Want Government Financial Help Against Virus

Businesses Want Government Financial Help Against Virus
Businesses Want Government Financial Help Against Virus

In a letter to President Hassan Rouhani on Tuesday,  heads of commerce chamber that represents private companies called on the government to adopt supportive measures to protect businesses, especially SMEs against financial losses posed by the coronavirus. 
Outlining the dire conditions of traders and manufactures due to the rapidly spreading coronavirus in Iran, the heads of Iran Chamber of Guilds, Iran Chamber of Cooperatives and Iran Chamber of Commerce, Industries, Mines and Agriculture urged the government to provide financial assistance and help prevent recession in the already stuttering economy. 
The appeal focuses on extending the maturity dates of loans to late September without penalties, giving low-interest working capital loans to manufactures and extending strict deadlines that employers must meet for paying their monthly share of social and medical insurance premium. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com