# Deputy Finance minister David Masondo has defended the 27-billion-rand loan from the World Bank, saying it aligns with the National Treasury’s commitment to responsible and sustainable borrowing. The loan will support urgently needed structural reforms in the country’s infrastructure sectors, with a particular focus on energy and freight transport. Speaking on the sidelines of the Supreme Audit Institutions meeting in Johannesburg on Tuesday, Masondo assured the country that borrowing in itself is not bad:
Deputy Finance minister says the World Bank loan won’t undermine South Africa’s sovereignty [SOUND]
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