World Bank approves $480m loan to help SA fight Covid-19

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The loan will boost SA’s vaccination efforts, support the health system and purchase 47-million vaccine doses

The World Bank has approved a $480m loan to SA to fight the Covid-19 pandemic by boosting the local vaccination programme, improving genomic surveillance, protecting the poor from the socioeconomic impact, helping the health system and bankrolling the purchase of 47-million vaccine doses.

According to a joint statement by the World Bank and the National Treasury, the SA government approached the World Bank for help amid the fifth wave and to help “create the fiscal space needed to strengthen its health system and ensure financial and institutional sustainability”...

 

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MORE MONEY FOR THE ANC TO STEAL?

Why are we creating debt to buy vaccines no one wants or needs? Can we not rather buy food, housing, clothing? afriforum solidariteit this is extremely immoral. Can it be stopped? Hopefully, you are not also on Pharma payroll.

Oh my goodness there is no covid

I yhoooo iyhooooo thixo, MYANC members are ready to loot it. Watch the space. Thixo!!!!

For what? More digital vibes and fake PPE tenders?

This is just nonsense - it will all be stolen

7 billion rand payday for the comrades.

Eish becareful where the money is kept. Demon Cyryl Ramaphosa is watching.

Which Covid - 19 ?🤷🏾‍♂️

Unbelievable, looks like the government is still stuck in 2020 using covid to borrow money willy nilly.

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World Bank approves R7.6 billion loan to South AfricaThe World Bank has approved a €454.4 million (R7.6 billion) loan to South Africa. ifyouknowyouknow Waist of money that will land in the hands of this corrupts leaders.. the Circus getting more and more ,,and no one really check on them..world Bank maybe is involve too! Not sure who at the WB is approving these 'loans*, but their positions need to be reviewed given that there is little to no chance of these 'loans' ever being repaid.
Source: BusinessTechSA - 🏆 24. / 61 Read more »