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Finance ministry unveils economic relief measures

Dr. Wilfred Mandlebe
HOPEFUL: Dr. Wilfred Mandlebe

In response to the economic havoc caused by the Covid-19 pandemic, the Ministry of Finance and Economic Development this week unveiled a series of interventions to cushion the local economy and the public.The interventions are hinged on four pillars; being to support workers; stabilization of businesses; ensuring availability of strategic reserves; and promotion of opportunities for economic diversification.According to the Permanent Secretary in the Finance Ministry, Dr. Wilfred Mandlebe, as a way to support workers, government will cover 50 percent of basic salary of employees of compan...

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