World Bank

World Bank loans South Africa $750 million to fight Covid

JOHANNESBURG: The World Bank has approved a $750-million (660-million-euro) loan to support South Africa’s Covid response and to bolster the economic recovery from the pandemic, the Treasury said on Friday. In a statement, the Treasury said the loan aims at “protecting the poor and vulnerable from the adverse socioeconomic impacts of the pandemic and supporting a resilient and sustainable economic

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