The Economic Freedom Fighters (EFF) has reiterated its stance for government to cancel loans from the International Monetary Fund and the World Bank. The party wants government to rather look to the East, especially China for loans. The World Bank approved an R11.4 billion loan for South Africa. EFF Member of Parliament, Omphile Maotwe says government’s borrowing from Western financial institutions is unnecessary. “Instead of collecting all these senseless loans from the World Bank, South Africa should enter into meaningful development with China. We must enter into partnerships that will buil…

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