The state of SA's economy in the light of the IMF loan
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In this edition of the Business Day Spotlight, we’re discussing what the newly approved $4.3bn (R70bn) loan to SA from the International Monetary Fund (IMF) to mitigate the impact of Covid-19 means for the local economy.
Our host Mudiwa Gavaza is joined by Dr Sean Muller, a senior lecturer at the University of Johannesburg’s School of Economics to discuss the issues.
The discussion explores SA’s ability to carry more debt, the confidence in the government to execute its plans, how possible corruption continues to be a risk, whether printing money is a viable alternative for SA and how a country should be managing its debts.
Our host Mudiwa Gavaza is joined by Dr Sean Muller, a senior lecturer at the University of Johannesburg’s School of Economics to discuss the issues.
The discussion explores SA’s ability to carry more debt, the confidence in the government to execute its plans, how possible corruption continues to be a risk, whether printing money is a viable alternative for SA and how a country should be managing its debts.
