Reserve Bank has room for stimulus if another virus wave comes, says Kganyago
The governor hopes the country’s vaccination programme will be rolled out by winter
29 January 2021 - 12:09
The SA Reserve Bank has room to provide stimulus in the event of a third wave of coronavirus infections, according to governor Lesetja Kganyago.
“To the extent that there is a third wave that could hit SA and hit its economic activity, we have got the scope to respond,” Kganyago said on Thursday in an interview with Bloomberg TV. “But that all depends on the data we see when the third wave sets in — if it does come in.”..
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