Ministers to shed more light on R500bn economic relief package on Friday

CAPE TOWN - Ministers who serve in the National Coronavirus Command Council will on Friday expand on President Cyril Ramaphosa's R500bn economic and social relief package.The ministers would outline and further elaborate on the implementation of the directives as outlined by Ramaphosa on Tuesday night.

Ramaphosa announced a R500bn economic and social support package as the government’s response to stimulate economic recovery hampered by the pandemic. Finance Minister Tito Mboweni is expected to shed light on South Africa's lending application to institutions such as the World Bank, IMF, New Development Bank and African Development Bank, for more than R300bn required to effect the social and economic relief package.

The extraordinary funding measures totalling R500bn will be channelled into healthcare, vital municipal services and social relief.

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Grant payments up as Ramaphosa announces R500bn to deal with coronavirus in SAR500bn will be spent to support South Africans dealing with the consequences of the coronavirus. Kiss your pension bye bye Love from capetown , CyrilRamaphosa has allot to deal with. Buying votes again
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R500bn to be spent to fight Covid-19 and save economy, with welfare grants increasedGovernment is spending a significant proportion of GDP to save SA's lives and livelihoods.
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Grant payments up as Ramaphosa announces R500bn to deal with coronavirus in SAR500bn will be spent to support South Africans dealing with the consequences of the coronavirus. Is lies and under oath sanctions on South Africa remain from the civil estimates realDonaldTrump
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