SA’s debt crisis | Treasury considers draw-down from contingency fund

Treasury is considering withdrawing half its contingency reserves from the central bank. It plans to use the money to reduce the government’s debt and fund public-sector salaries. The state and the bank are close to an agreement on the withdrawal from the R500--billion fund. We get the view of the DA's Dion George. #dstv403 Click on the link for more on this story: https://www.enca.com/videos/sas-debt-crisis-treasury-considers-draw-down-contingency-fund