Iran authorizes commercial navigation in Strait of Hormuz during ceasefire
via Le Matin3 min read
Iran has announced that commercial navigation will be permitted through the Strait of Hormuz for the duration of the ceasefire. This strategic maritime route is crucial for the global transport of hydrocarbons.
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This summary was AI-generated from a story originally published by Le Matin.
The government is addressing repayment difficulties faced by some beneficiaries of the Forsa program, which has supported over 21,000 project holders since its launch. The program emphasizes accompaniment, with nearly 16,000 projects currently active due to monitoring, supervision, and coaching. For entrepreneurs experiencing constraints in meeting repayment deadlines, the government offers the option to request credit rescheduling based on individual situations, providing additional time to consolidate activities. Between June 2025 and June 2026, 4,600 rescheduling requests were filed. To date, approximately 1,400 beneficiaries have completed the necessary steps to defer loan repayments for up to twelve months, following an amendment to their loan and guarantee contracts. Other requests are still under review by financial institutions in coordination with regional stakeholders. The support system for the first edition of the program, launched in 2022, is provided by financial institutions and regional offices, while incubators support project holders from the second edition, initiated in 2023. These measures aim to sustain the entrepreneurial momentum of the Forsa program and reduce business failures, highlighting post-financing support as crucial for project longevity.
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