# The South African Federation of Trade Unions says it rejects the government’s decision to accept a 24.78-billion-rand Development Policy loan from the World Bank. The loan is aimed at easing infrastructure bottlenecks that have contributed to a decade of meagre economic growth. Saftu’s General-Secretary, Zwelinzima Vavi, says this loan forms part of a broader programme that seeks to deepen neoliberal restructuring through market liberalisation, commercialisation of public services and increased private-sector participation in strategic public infrastructure:
SAFTU rejects the World Bank loan and calls for the immediate publishing of the agreement [SOUND]
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