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Treasury confirms signing of govt’s $1.5bn development policy loan with World Bank
Treasury confirms signing of govt's $1.5bn development policy loan with World Bank The South African government and the World Bank have signed a $1.5-billion Development Policy Loan Agreement aimed at supporting the country's efforts to achieve inclusive growth by tackling infrastructure constraints, identified as the primary barrier to job creation. This serves as the fourth development policy loan and continued partnership with the World Bank, aimed at addressing South Africa's economic challenges of low growth and high unemployment, National Treasury notes in a statement. The loan is…
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