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Business Maverick: IMF Grants $4.3 Billion to South Africa in Biggest Virus LoanThe International Monetary Fund approved $4.3 billion in emergency funding for South Africa, the largest emergency disbursement for any country yet to assist with fighting the coronavirus pandemic.
Source: dailymaverick - 🏆 3. / 84 Read more »
IMF approves US$4.3bn financial support to SA to deal with COVID-19 pandemicThe IMF funding is a low interest loan that contributes to government’s fiscal relief package while respecting South Africa’s decisions on how best to provide relief to the economy and those worst affected by the current crisis.
Source: ewnupdates - 🏆 30. / 53 Read more »
JUST IN | IMF approves $4.3 billion loan to SA to support Covid-19 fight | Fin24The International Monetary Fund Executive Board has agreed to extend a $4.3 billion loan to support South Africa's response to the impacts of Covid-19 on the economy.
Source: News24 - 🏆 4. / 80 Read more »
CAROL PATON: Will SA be able to live up to IMF commitments?Finance minister and Reserve Bank governor have pledged spending cuts and freeze on public-sector pay to support the $4.2bn loan
Source: BDliveSA - 🏆 12. / 63 Read more »