Syria Central Banker Says Iran Weighs $1 Billion Credit Line
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Syria and Iran are discussing a second $1 billion credit line to prop up the government of President Bashar al-Assad, a key regional ally of the Islamic Republic who’s fighting a four-year war civil war.
Syrian Central Bank Governor Adib Mayaleh said that the Iranian government has given preliminary approval for the credit line, the second since 2013. The governor said Syria still has money left from the first $1 billion agreement, which helps finance imports.