UPDATE 1-S.Africa’s Ramaphosa pledges COVID rescue package worth 10% of GDP
South Africa’s President
Cyril Ramaphosa announced a 500 billion rand ($26.33 billion)
rescue package on Tuesday, equivalent to 10% of the GDP of
Africa’s most industrialised nation, to try to cushion the
economic blow of the coronavirus pandemic.
Cyril Ramaphosa announced a 500 billion rand ($26.33 billion)
rescue package on Tuesday, equivalent to 10% of the GDP of
Africa’s most industrialised nation, to try to cushion the
economic blow of the coronavirus pandemic.
Posted by Reuters
