{"id":127591,"date":"2025-11-10T08:54:08","date_gmt":"2025-11-10T08:54:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/127591\/"},"modified":"2025-11-10T08:54:08","modified_gmt":"2025-11-10T08:54:08","slug":"south-africa-wins-925-million-world-bank-loan-for-ailing-cities","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/127591\/","title":{"rendered":"South Africa Wins $925 Million World Bank Loan for Ailing Cities"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The <a href=\"https:\/\/www.bloomberg.com\/quote\/8176888Z:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">World Bank<\/a> approved a $925 million loan for South Africa to support a six-year program costing three times that amount, as the country seeks to revive its major cities.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The loan, from the World\u2019s Bank\u2019s <a href=\"https:\/\/www.bloomberg.com\/quote\/7915Z:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">International Bank for Reconstruction and Development<\/a>, will help South Africa\u2019s National Treasury reward cities that meet operational and financial performance targets for urban services with additional funding. It\u2019s the first program-for-results operation to be implemented by the lender in South Africa. <\/p>\n","protected":false},"excerpt":{"rendered":"The World Bank approved a $925 million loan for South Africa to support a six-year program costing three&hellip;\n","protected":false},"author":2,"featured_media":127592,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[88508,138,607,3071,8310,1951,219,7797,266,25270,111,139,69,1466,5858,24547],"class_list":["post-127591","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bank-loan","tag-business","tag-china","tag-cities","tag-congress","tag-economics","tag-economy","tag-elections","tag-government","tag-johannesburg","tag-new-zealand","tag-newzealand","tag-nz","tag-south-africa","tag-turkey","tag-world-bank"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/127591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=127591"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/127591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/127592"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=127591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=127591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=127591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}