Covid-19 update: IMF approves funds for world's poorest nations

Covid-19 update: IMF approves funds for world's poorest nations

The International Monetary Fund has approved emergency aid for some of the globe's poorest countries. Briefly.co.za explores the latest updates on the Covid-19 pandemic in South Africa.

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The International Monetary Fund has approved financial aid for some of the world's poorest nations.

This is an effort to help mitigate the impact of the Covid-19 pandemic on these embattled nations.

Briefly.co.za explores this and other top updates on the Covid-19 pandemic in SA:

coronavirus

Members of the IMF host a briefing on the global financial outlook. Image: Twitter/ @imflive
Source: UGC

1. IMF approves emergency aid for 28 of the poorest nations

The International Monetary Fund recently approved emergency aid for nearly 30 of the world's poorest nations.

The fund has approved aid for 28 countries in order to help alleviate their debt and cope with the fallout from the Covid-19 pandemic. The aim is to cover debt repayments to the IMF over the next six months in addition to freeing up 'scarce financial resources for vital emergency medical'.

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The countries include Afghanistan, Benin, Chad, Gambia and Mozambique among others. Mali is also eligible to receive aid but has not been approved due to a 'lack of clarity' over whether or not the international community deals with the 'current military regime as the government of Mali'.

2. Mkhize on latest Covid-19 statistics

Health Minister Dr Zweli Mkhize has provided South Africa with the latest Covid-19 statistics. In a statement released by the Department of Health, Mkhize confirmed an increase in cases:

"As of today, the cumulative number of detected Covid-19 cases is 682 215 with 926 new cases identified since the last report."

The minister also confirmed the latest number of fatalities recorded within the past 24 hours:

"Regrettably, we report 40 more Covid-19 related deaths: 12 from Eastern Cape, 14 from Free State, 5 from Gauteng, 5 from Mpumalanga and 4 from Western Cape. This brings the total number of Covid-19 related deaths to 17 016."
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Mkhize further commented that recoveries now stand at 615 684 which translates to a recovery rate of 90%.

The provincial breakdown of infections is as follows:

  • Eastern Cape - 89 964
  • Free State - 48 662
  • Gauteng - 221 061
  • KwaZulu -Natal- 119 694
  • Limpopo - 15 837
  • Mpumalanga - 27 625
  • North West- 29 979
  • Northern Cape - 17 876
  • Western Cape - 111 517

Earlier, Briefly.co.za reported that ANC deputy secretary Jessie Duarte has lost her brother Igshaan Dangor, 72, to Covid-19. The party has confirmed that Dangor's death had been due to complications from contracting the virus.

The party issued a statement on Sunday acknowledging the death of the veteran, with party spokesperson Pule Mabe commenting that:

"Dangor went into exile in 1984 to join the ranks of the people's army, uMkhonto we Sizwe. He served our movement with selfless and relentless dedication."

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Source: Briefly.co.za

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