IMF Approves $4.3bn To Help South Africa Fight COVID-19
File photo: Doctors Without Borders nurse Bhelekazi Mdlalose , 51, performs a swab test for COVID-19 coronavirus on a health worker at the Vlakfontein Clinic in Lenasia, Johannesburg, on May 13, 2020. Michele Spatari / AFPThe International Monetary Fund on Monday said it had approved $4.3 billion in aid to South Africa to help the country fight the coronavirus pandemic.
“The IMF approved $4.3 billion in emergency financial assistance under the Rapid Financing Instrument to support the authorities’ efforts in addressing the challenging health situation and severe economic impact of the COVID-19 shock,” the Washington-based crisis lender said in a statement.
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