The NDB aims to provide up to US$10 billion in crisis-related assistance.

The post BRICS New Development Bank issues second COVID-19 Response bond first appeared on The BRICS Post.

South Africa seems to have passed the peak in the number of cases with the daily Covid-19.

The post South Africa moves to Level 1 lockdown first appeared on The BRICS Post.

The OECD said that a sound growth strategy could deliver quick wins in terms of job creation and potential growth.

The post South African economy has unprecedented collapse in Q2 first appeared on The BRICS Post.

The move to lockdown level 2 means that restrictions will be eased in several sectors.

The post South Africa to move to Level 2 lockdown first appeared on The BRICS Post.

The sharp drop in economic activity adds to long-standing challenges and raises the urgency of structural reforms.

The post OECD Survey highlights barriers to growth in South Africa first appeared on The BRICS Post.

The loan will help Brazil safeguard the income of about 5 million people in vulnerable situations.

The post BRICS New Development Bank Offers Brazil COVID-19 relief first appeared on The BRICS Post.

Short-term borrowing will increase by R98 billion to R146 billion in 2020/21.

The post Supplementary Budget may still be too optimistic on growth first appeared on The BRICS Post.

Such emergency loans could be used to finance direct expenses such as procuring protective gear for health workers.

The post BRICS New Development Bank issues inaugural 3-year bond first appeared on The BRICS Post.

South African steel production fell by 99.5 per cent year-on-year in April so the move to Level 3 was welcomed.

The post South Africa to move to Level 3 lockdown on June 1 first appeared on The BRICS Post.

Oramah said that the continuing COVID-19 pandemic situation was not conducive to holding such a pan-African event.

The post Inter-Africa Trade Fair postponed to September 2021 first appeared on The BRICS Post.