Mboweni says he is talking to global finance institutions on SA funding needs

CAPE TOWN  – The National Treasury is talking to all international financial institutions as it explores ways of meeting South Africa’s funding needs stemming from the Covid-19 pandemic, finance minister Tito Mboweni said on Tuesday.

“The National Treasury is exploring all funding avenues to fund all Covid-19 related programmes,” Mboweni told a teleconference briefing on the department’s response to the health crisis and its economic ramifications.

“The funding avenues will not be limited locally but will include exploring all global partners and international financial institutions. Funding agreements will be announced once concluded,” he added.