The World Bank has approved a $480m loan to SA to fight the Covid-19 pandemic by boosting the local vaccination programme, improving genomic surveillance, protecting the poor from the socioeconomic impact, helping the health system and bankrolling the purchase of 47-million vaccine doses.
According to a joint statement by the World Bank and the National Treasury, the SA government approached the World Bank for help amid the fifth wave and to help “create the fiscal space needed to strengthen its health system and ensure financial and institutional sustainability”...
Very special virus
Loans have to be paid back. So take the number, less MYANC theft process.... how do we then pay back the $600m shortfall? voetsekanc
CoruscaKhaya 🤣
They clearly didn't check what happened to the last loan they gave us
Why?
Kuvharwa!!!
Bro covid is over
More Tender money to steal.
CoruscaKhaya What Covid-19?😂😂😂😂
People are still getting covid?
More money for the corrupt voetsekanc ministers to steal. Corruption yet again written all over this.
😭😭😭😭
Which covid?
SaaymanBarry And here it is fellow SAns, perfect timing and confirmation for the 3% salary increases for useless ministers who keep on showing us the middle finger. And guess what, we the taxpayers will be footing the bill for this loan. WAKE UP VOTE THE USELESS PARASITES MYANC OUT!
SaaymanBarry Huh COVID 19? How when we buy own musks n sanitizers n fully operational?
Which covid bcos there is NO COVID in SA
And people wonder where the Dollars in Ramadolittle’s furniture came from…
Lol. “To fight covid.” Whahahhahahahaha 😂😂🤣🤣🤣🤣
How about fighting poverty or unemployment rather.
Might as well have donated it to Cuba to save some time and transfer costs.
Stop bortowing money from the USA please!
A bit late, isn't it..? What do they want fight, the next imaginary wave, while the rest of the world is already moving on...?
Lol early Christmas presents for all the corrupt ANC politicians and their cronies. Not 1 single cent will be seen by the people
'To fight Covid'... We're still doing that? 😂😂😂😂😂😂😂😂😂😂
The world bank must know that South Africans don't approve these loans and and won't pay it back when the ANC eventually collapse. This is reckless lending to a delinquent customer.
Fuck that we got poverty.
Kikikikiki
🤣
Good timing. ANC will move funds strategically for their December elective conference.
500 billion?
Ramaphosa robs SA dry daily and enrich his inhuman profit drunken capitalists he reports to while our people languish in anguish in complicity with the courts, media, quack NGOs and some house niggers disguised as clever blacks. We can sit idly by or protest him out of office.
It will go to Cuba. It is called money laundering on an international scale.
Why these loans not used to create jobs. Fuck we bloody tired of these fake vaccines. VACCINE is on going , the masks are on going .YET the virus is unstoppable. So what's the use
They are taking up loans hiding behind Covid-19
What for? Why? We have won with our own natural immune system. Especially the under 50s.
They are loaning known criminals this money for their own criminal agendas. This has nothing to do with covid. We see through the BS & know very well what World Bank & IMF loans do to countries. Sod off
Ag really... let's use it for other things. Covid is the least of our worries!
No one will see it but everyone will pay it back
To help the cadres enrich themselves ….
All the while the interest on these loan is like an anaconda wrapped around the economy and strangling it to death. Not to mention the relinquishing of control of the country to the lenders.
We can’t afford this loan nor need it frankly. Our children are malnourished, people are jobless, economy in tatters, Eskom broken, municipalities difunctional, inflation skyrocketing, on the brink of recession. DON’T DO IT.
Which covid a they talking about cause only 5000 active case, this is for December conference that's all
What Covid?
Are they still fighting Covid? Can someone explain to me how, exactly, you should fight Covid? More vax? More masks? More lockdowns? Less parties? Do we need a loan for this?
Headline should read, “No guarantee world bank $480m loan, won’t be misappropriated by ANC cadres.”
MYANC be like... 👇🏼👇🏼👇🏼 VoetsekANC
This will end in tears…
Its a bit after the fact and will disappear into the ANC cadres' pockets quickly.