National Treasury defends COVID-19 vaccine World Bank loan - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The National Treasury has defended government’s decision to get a loan from the World Bank describing it as part of its efforts to cut debt-service costs by using cheaper funding sources in its response to the coronavirus pandemic.

The World Bank Headquarters in Washington, D.C., United States.

In January this year, the bank also approved South Africa’s request for an R 11. 4 billion loan to assist with the country’s economic recovery plan in the wake of the pandemic.National Treasury Acting Director-General, Ismail Momoniat says, “South Africa welcomes this EUR 454.4 million World Bank loan to support COVID-19 vaccination as the spread of the virus continues to pose a threat to South Africa’s citizens, health system, and economic recovery.

In a statement, Treasury says, “South Africa has embarked on a robust vaccination program. As of June 13, 2022, over 36.4 million doses have been administered, with about 50.3% of adults and 29.9% of 12 to 17-year-old adolescents vaccinated. However, more can be done to increase vaccine coverage, curb the spread of the virus, and boost the country’s economic recovery.”

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

They all serve the same masters! No different to a criminal being left to investigate themselves! Printing More Fiat and charging interest to be stolen from the men & women - debt slaves!!! DidThePopulaceConsent ? We are the government!

CyrilRamaphosa crimes don't stop he is looting money through world bank now. What covid response will this help on

And they lost almost equivalent money they are borrowing from banning alcohol and cigarettes during lockdown. If stupidity was a person. Even the courts say cigarette ban was irrational

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 37. in SE

Sverige Senaste nytt, Sverige Rubriker