Reserve account is not a free money pot, BLSA says
Busisiwe Mavuso says withdrawals from GFECRA should come with strict conditions
19 February 2024 - 20:57
Organised business has urged National Treasury to exercise caution should it tap into the SA Reserve Bank’s R500bn gold and foreign exchange contingency reserve account (GFECRA).
Business Leadership SA CEO Busisiwe Mavuso said on Monday withdrawals from the account should have strict and credible conditions attached. ..
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