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View Full Version : How much has SAA received in tax payer funded bail outs in last 10 years?


Ibhayi
28th Mar 2010, 04:55
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

evanb
28th Mar 2010, 17:23
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.