The International Monetary Fund has granted South Africa an emergency coronavirus fund of four point three billion US dollar. This was announced last night after a meeting by the IMF’s board members. Just last week, the African Development Bank last week approved a 288 million US dollar loan to South Africa as part of its COVID-19 response facility while the New Development Bank approved a one billion US dollar loan as part of its COVID-19 Emergency Programme. When government first announced that they will be applying for the funding, the SACP was opposed to this move and to get their reaction on last night’s announcement, we are joined on the line by…

Guest: Dr Alex Mashilo – SACP spokesperson