IMF to decide on SA's COVID-19 emergency funding

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South Africa is seeking a loan of $4.2 billion (R70-billion) for COVID-19 emergency funding.

File: South Africans will learn the actual terms of the IMF financing when its board of directors considers the country’s request for financial assistance.

JOHANNESBURG - The International Monetary Fund is scheduled to meet on Monday to consider South Africa's loan request.This despite disapproval from the governing party's tripartite alliance partners Cosatu and the SACP.But it's reported the loan to

 

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Seriously !!! IMF does not do covit funding , funding only sovereign debt if country is in trouble . SA is not in trouble !!!

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