President Cyril Ramaphosa must provide details for how his plan to reboot an economy battered by the coronavirus through increased spending on infrastructure would be financed, former South African President Thabo Mbeki has said. Fin24 reports that Mbeki, a fellow member of the African National Congress, said Ramaphosa’s statements on funding for the projects are “worrying” and implored the government to publish a financing plan that’s “realistic and credible”, and that indicates how much capital would come from the public sector and the private sector. Warning that “the cost of borrowing would be quite high given the sovereign rating downgrades and serious uncertainties about the future.”