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Can $1.5bn World Bank loan revive South Africa’s stalled economy?

Urban Johannesburg, South Africa. Photo @ Pixabay
Urban Johannesburg, South Africa. Photo @ Pixabay
  • $1.5bn loan targets critical infrastructure reforms.
  • Execution will determine investor confidence.

 

PRETORIA, SOUTH AFRICA – South Africa’s $1.5 billion World Bank loan is easing fiscal pressure, but its ultimate success will depend on whether the government delivers long-promised structural reforms.

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