South Africa Gets World Bank Loan for COVID-19 Vaccines
The World Bank has approved a loan of $474.4million to help South Africa fund COVID-19 vaccine purchases. Director-General of the Country’s Treasury, Ismail Momoniat, who disclosed this said the loan would aid the procurement of 47 million COVID-19 vaccine doses. According to Momoniat, the loan is part of government efforts to cut debt-service costs in its response to the pandemic. South Africa has recorded the most coronavirus cases and deaths […]
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