The Standing and Select Committee on Finance on the 2020 second Revised Fiscal Framework has recommended that Finance Minister Tito Mboweni consider extending the R200-billion Covid-19 loan guarantee scheme enable development finance institutions to provide liquidity to projects that they are directly funding, the National Treasury noted in its review of the 2021 Budget on February 24. The committee reiterated its disappointment that there has only been 8% take up of the loan scheme.
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