Economists propose R100bn social bond to fund South Africa’s Covid fight

POSTED ON: May 20, 2020 IN Media
by Terence Creamer

A group of economists is proposing that the South African government consider the issuance of an innovative ‘social bond’ to raise up to R100-billion for the fight against the Covid-19 pandemic and to close what is likely to be a sizeable funding gap as the economy contracts and tax collections fall.

The proposal is made in a thought-leadership paper written by Stuart Theobald and Peter Attard Montalto, of Intellidex, with input from the Covid-19 Economy Group, a network of economists supporting efforts to address the economic impacts of the pandemic in South Africa.

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