Anger and concern over SA’s R70bn IMF loan | Citypress

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IMF R70bn loan: the ‘biggest political blunder’Political parties have continued to lament the International Monetary Fund’s decision to approve South Africa’s R70 billion loan. IMFLoanSA IMFLoan
Source: IOL - 🏆 46. / 51 Read more »

WATCH: Corporate SA’s take on the R70bn IMF loanBusiness Leadership SA CEO Busi Mavuso talks to Business Day TV about the IMF’s faith in SA
Source: BDliveSA - 🏆 12. / 63 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 »

IMF approves $4.3bn loan to South AfricaDetails on the commitments South Africa has made to support the loan will be revealed later in the week.
Source: eNCA - 🏆 49. / 51 Read more »

IMF board approves $4.3 bln loan to help South Africa to fight pandemicThe International Monetary Fund said on Monday its executive board approved $4.3 billion in emergency financing for South Africa to help the country address the “severe economic impact” and health challenges of the coronavirus pandemic. The IMF said the Rapid Financing Instrument loan, equal to 100% of South Africa’s IMF quota, or shareholding, will help fill urgent balance of payments needs from pandemic-caused fiscal pressures.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

BREAKING NEWS: IMF board approves $4.3bn loan to SAIMF says the Rapid Financing Instrument loan equals SA's full quota
Source: BDliveSA - 🏆 12. / 63 Read more »