Budget 2021: Govt to launch ’no-fault’ fund to protect vaccine companies from being sued

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The government plans to put in a place a no-fault campaign fund to cover claims linked to Covid-19 inoculations, Finance Minister, Tito Mboweni said

This measure is meant to protect vaccine companies from being sued for the side-effects linked to the vaccines.It still remains unclear how much the government would be budgeting towards this fund.

Close to 50 000 South Africans have died from Covid-19 related complications and the country has recorded close to 1.5 million infections. On Tuesday StatsSA announced that the unemployment rate had increased in the fourth quarter of 2020 and now sits at 32.5%. "We are allocating more than R10 billion for the purchase and delivery of vaccines over the next two years. We increase the contingency reserve from R5 billion to R12 billion to make provision for the further purchase of vaccines and to cater for other emergencies," Mboweni said.

 

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