How much has SAA received in tax payer funded bail outs in last 10 years?
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How much has SAA received in tax payer funded bail outs in last 10 years?
I can't seem to find a reliable estimate.
I am looking for a figure as to how much SAA has received in state sponsored bail outs, be it through loans or equity - it doesn't matter how it has been accounted - I want the total amount received.
Thanks
I am looking for a figure as to how much SAA has received in state sponsored bail outs, be it through loans or equity - it doesn't matter how it has been accounted - I want the total amount received.
Thanks
Last edited by Ibhayi; 28th Mar 2010 at 04:59. Reason: Mis leading title.
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Loans and equity are one thing, but it is necessary to differentiate between guarantees and actual liquidity provided. A lot of the so-called bailouts have actually been in the form guarantees. This has no liquidity effect on the government budget.
