Gauteng govt defends its underspending as Treasury takes back R6bn of budget allocation

Ewn News

Gauteng govt defends its underspending as Treasury takes back R6bn of budget allocation
Ewn NewsNewsEyewitness News
  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 23 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 53%

Gauteng Finance MEC Lebogang Maile said the province received a letter from Treasury saying its population size had been overstated.

JOHANNESBURG - The Gauteng government has defended its underspending and Treasury taking back some of its allocation to the province.

National Treasury relies a lot on census data when it comes to allocating money to provincial governments.Presenting the province's mid-term adjustment budget on Tuesday, Finance MEC Lebogang Maile said Treasury said the population figures were incorrect. "As a result, National Treasury is taking an additional R6 billion away from our budget. So, we have lost it, our budget is minus that amount in the next five years."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ewnupdates /  🏆 30. in ZA

Ewn News News Eyewitness News Eye Witness News Latest News News Today Ewn South Africa Ewn-News Primedia+ Primedia Plus Prime Media Plus

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Transforming finance: a round-up of insights from Future of Finance eventTransforming finance: a round-up of insights from Future of Finance eventA recent Workday event explored the evolving role of finance professionals in an era of rapid tech advancement.
Read more »

AI & Chatbot Specialist - Gauteng GautengAI & Chatbot Specialist - Gauteng GautengIT Industry News. Daily.
Read more »

Lead Developer - Gauteng GautengLead Developer - Gauteng GautengIT Industry News. Daily.
Read more »

IT Administrator at Parvana Recruitment - Gauteng GautengIT Administrator at Parvana Recruitment - Gauteng GautengIT Industry News. Daily.
Read more »

C# Azure Developer - Gauteng GautengC# Azure Developer - Gauteng GautengIT Industry News. Daily.
Read more »

Full Stack Developer (Angular & C#) at Reverside - Gauteng GautengFull Stack Developer (Angular & C#) at Reverside - Gauteng GautengIT Industry News. Daily.
Read more »



Render Time: 2025-02-13 09:33:14