Home|General|Weakening rand hurting South African foreign affairs
Categories: General

by Institute for Global Dialogue

Share

Weakening rand hurting South African foreign affairs

The Portfolio Committee on International Relations and Cooperation in parliament said in a statement it was “committed to supporting” the request from Dirco during the mid-term budget process.

Chairperson of the Committee‚ Bheki Radebe‚ said the Committee acknowledged the challenge posed by a depreciating rand on the departmental budget.

“The Committee supports additional funds for Dirco to mitigate risks associated with the rand’s depreciation on the department’s budget. It is important that Dirco’s programmes are not stalled on account of currency fluctuation‚” said Radebe.

Available: http://www.timeslive.co.za/local/2015/09/02/Weakening-rand-hurting-South-African-foreign-affairs 

Related Posts

View all
  • By Published On: September 28th, 2022
  • By Published On: August 1st, 2022
  • By Published On: July 21st, 2022