The R10bn in initial funding set aside to kick-start the government’s long-awaited infrastructure fund, has not been touched despite the damage the Covid-19 crisis has had on the state’s finances, according to Treasury director-general Dondo Mogajane

Though the crisis necessitated extensive reprioritisation of government spending in the recent supplementary budget, the money will be available to the fund — which is aimed at funding and co-financing blended finance programmes and projects, and promoting private sector partnerships in developments.

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