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Iran to get first $550 mn early February in nuclear deal

AFP

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Iran will get a first installment of $550 million of $4.2 billion being unblocked under a nuclear deal around February 1, a US official said Sunday.

"The installment schedule starts on Feb. 1 and the payments are evenly distributed across the 180 days," a senior US administration official told AFP. But as February 1 is a Saturday, the payment might not be made until February 3.

Iran will get a first installment of $550 million of $4.2 billion being unblocked under a nuclear deal around February 1, a US official said Sunday.

“The installment schedule starts on Feb. 1 and the payments are evenly distributed across the 180 days,” a senior US administration official told AFP. But as February 1 is a Saturday, the payment might not be made until February 3.

In this article:Funds, Iran, Nuclear, Politics
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With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

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