On Wednesday, the department of public enterprises released a statement in which it said it welcomed the commitment by the National Treasury that the government would support and source funding for the business rescue plan.
and answering a question on where exactly this money will come from, Gordhan said: “The more precise terminology that we actually utilised is that we will mobilise funding.”“This is money which is required over a period of time. What government has committed to is to mobilise funding.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Government working on how to source funds for SAA business rescue: GordhanPublic enterprises minister Pravin Gordhan said on Sunday the funding government had committed for the business rescue plan for SAA was something that was still being worked on.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Source: City_Press - 🏆 7. / 72 Read more »