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Exclusive: South Africa weighing 'funding for lending' type scheme – central bank governor

“We’re not the primary drivers, but I know the Treasury is considering these issues,” Naidoo said by phone, adding this would be a Treasury initiative.

“The central bank would be involved, our law doesn’t allow us to lend unsecured, but as part of a broader design of a scheme we’re prepared to be involved.”

South Africa’s Treasury did not immediately respond to a request for comment.


Source: Economy - investing.com

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