18/06/2026
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18/06/2026
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WASHINGTON, Jun 18: US President Donald Trump has rejected claims that the United States will provide Iran with a $300 billion payment under the recently signed US-Iran memorandum of understanding, describing such reports as "fake news."
In a post on Truth Social, Trump insisted that no US government funds would be transferred to Iran and dismissed suggestions that Washington would finance Tehran's reconstruction efforts.
In a post on Truth Social, Trump insisted that no US government funds would be transferred to Iran and dismissed suggestions that Washington would finance Tehran's reconstruction efforts.
“There is no 300 Billion Dollar payment to Iran by the U.S. That’s Fake News! All there is for the U.S. is Success, Lower Oil Prices, and Victory. Check out the Stock Market. Dumocrat propaganda at play!!!” Trump wrote.
The clarification comes amid scrutiny of the memorandum, which includes a provision outlining a plan for at least $300 billion in reconstruction and economic development projects for Iran.
According to a US official who read out portions of the agreement on Wednesday, Article Six states that the United States, together with regional partners, will work to develop a mutually agreed plan worth at least $300 billion to support Iran’s reconstruction and economic development. The mechanism for implementing the plan is expected to be finalized within 60 days as part of a broader agreement.
The memorandum also states that Washington will grant the necessary licenses, waivers, and permissions required to facilitate the relevant financial transactions linked to the initiative.
However, officials have emphasized that the proposed fund would not consist of direct US government payments or grants. Instead, it is expected to be financed through private-sector investments backed by commitments from companies in the United States, Gulf Arab states, Asia, South America, and Africa.
The agreement has sparked debate over the extent of US involvement in Iran's economic recovery, with supporters arguing that private investment could help stabilize the region, while critics question the political and economic implications of facilitating large-scale investment in the Islamic Republic.
Further details on the financing structure and implementation mechanisms are expected as negotiations continue over the next two months.
