• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Foreign Affairs

IMF provides emergency funding for South African Republic

28th July 2020

IMF provides emergency funding for South African Republic Pin It

The International Monetary Fund (IMF) provides USD 4.3 billion of emergency loans to South Africa to help the country combat the corona crisis. It is the IMF’s biggest emergency package to a country because of the virus outbreak so far and should help South Africa to counter the harmful economic effects of the pandemic.

South Africa has more than 445,000 confirmed coronavirus infections and nearly 7,000 deaths due to the disease. This makes South Africa the most affected country on the African continent by corona. The South African economy is expected to shrink sharply this year due to the lock-down measures, although the country was in recession even before the crisis. In april, the government of South Africa announced a comprehensive support package to deal with the crisis.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

The second wave may…

In Money Matters

The second wave may ruin the airlines, Ryanair suggests

View Post

Next Post

Barclays expects a wave of…

In Money Matters

Barclays expects a wave of bad loans mounting

View Post

In Money Matters

Moody’s expects lower bounceback for Eurozone and Britain

View Post

In Money Matters

EU zone economic confidence reaches 93.4 with the reasons for euphoria still to uncover

View Post

In Money Matters

IAG advocates the digital ‘testing and vaccination passports’ for passengers

View Post

In Money Matters

Flat opening on Friday US markets

View Post

Newsletter

Latest News

View

The newly formed Stellantis counts on strong growth in sales

3rd March 2021

View

Rio Tinto chairman has left the company amid the ‘sacred cave’ destruction

3rd March 2021

View

In January 2021 Germany exported 30 percent less to the United Kingdom

2nd March 2021

View

COVID-19 made HelloFresh turnout skyrocket

2nd March 2021

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com
  • Runch.co.uk

Sign Up for Our Newsletter

Our friendly crew

  • Matthew Patridge, the chief Editor
  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]