The perils of a IMF bailout
It seems unlikely that an ANC government would ever accept the loss of economic sovereignty implicit in taking an IMF bailout
15 August 2019 - 05:00
It seems unlikely that an ANC government would ever accept the loss of economic sovereignty implicit in taking an IMF bailout.
But if it did, SA would normally be entitled to borrow about R94.25bn annually and R282.75bn in total, depending on the extent of its financial difficulties and the strength of the new policies being proposed...
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