FINANCIAL INSTITUTIONS
SA could approach IMF and World Bank to help fund coronavirus health interventions
29 March 2020 - 23:30
SA will consider approaching international financial institutions such as the IMF, the World Bank and the New Development Bank to help fund health interventions against the coronavirus crisis, finance minister Tito Mboweni said.
His comments, at a briefing on Sunday, followed discussions held on Friday between the IMF and the International Monetary and Financial Committee (IMFC), which advises the IMF board of governors on various issues, including on how to deal with shocks to the financial system. The body is chaired by Reserve Bank governor Lesetja Kganyago...
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