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World Bank loan is a shot in the arm for SA’s Covid efforts

R11bn low-interest loan spells welcome reinforcements for the government’s R500bn fiscal relief package and will boost its efforts to stem the pandemic

23 January 2022 - 00:00

The World Bank has approved an R11bn ($750m) loan for SA’s under-pressure National Treasury, which, besides needing to fund the battle against Covid, is desperate to boost an ailing economy facing another interest rate increase...

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