A letter of intent for the Covid-19 emergency loan has been drawn up for signature
SA is on track to get its $4.2bn International Monetary Fund Covid-19 emergency loan by the end of July, National Treasury director-general Dondo Mogajane said on Wednesday.
Negotiations between the Treasury and IMF staff are completed and a letter of intent has been drawn up for signature by finance minister Tito Mboweni and SA Reserve Bank governor Lesetja Kganyago.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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