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KM Financial Solutions | UPDATE 2-S.Africa’s Ramaphosa pledges COVID-19 rescue package worth 10% of GDP
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UPDATE 2-S.Africa’s Ramaphosa pledges COVID-19 rescue package worth 10% of GDP

20 Apr UPDATE 2-S.Africa’s Ramaphosa pledges COVID-19 rescue package worth 10% of GDP

Posted at 20:25h in News by
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South African President
Cyril Ramaphosa announced a 500 billion rand ($26.3 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.

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