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Emergency Financial Support

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Finance minister Tito Mboweni has hailed the government’s economic support package as “one of the largest economic response packages in the developing world”.Image: Esa Alexander
EMERGENCY FINANCIAL SUPPORT

IMF to give SA R70.6bn ’emergency’ loan

The International Monetary Fund (IMF) has agreed to a nearly R70.6bn loan to SA. In a statement on Monday night, the National Treasury announced that the IMF’s board had approved the government’s request for “emergency financial support”…

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