EXPLAINER: Breaking down government’s ‘R800bn’ economic stimulus package

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The combined fiscal and monetary package to bolster the economy as we battle Covid-19 is estimated to be more than R800 billion. But where will this money come from, and has it been paid out yet?

More details will likely be revealed once Finance Minister Tito Mboweni tables the adjusted budget before Parliament. Treasury plans to be ready to table the budget by 24 June.

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