Table 2.
Sources of funding the COVID-19 bailout package in South Africa.
| R million | |
|---|---|
| Credit guarantee scheme | 200 000 |
| Baseline reprioritisation | 130 000 |
| Borrowings from multilateral finance institutions and development banks (IMF, World Bank and New Development Bank) for business support | 95 000 |
| Additional transfers and subsidies from the social security funds | 60 000 |
| Available funds in the Department of Social Development (2020)/21 appropriation | 15 000 |
| Total | 500 000 |