Coronavirus In SA: DA proposes loan break

The DA believes the country is on the precipice of a full-blown crisis. It's calling for more widespread screening and testing for COVID-19. Courtesy #DStv403

PARLIAMENT - The Democratic Alliance believes the country is on the precipice of a full-blown crisis.

It's calling for more widespread screening and testing for COVID-19.

The DA also wants retired healthcare professionals to volunteer at screening hotspots.

READ: What should you do if you think you have COVID-19?

The party is also proposing some general economic relief, including a freeze on the rates bill for businesses.

“For the economic survival of businesses and families, we propose a nationwide payment holiday on loans, in particular, property loans, business loans, and vehicle loans by extending the term of these loans by four months, and allowing borrowers to pause their payments for those months. Business and families will receive immediate release,” said DA finance spokesperson, Geordin Hill-Lewis.

Opposition parties will be meeting with President Cyril Ramaphosa at Tuynhuys on Wednesday to discuss the crisis presented by COVID-19.

Source
eNCA