MTBPS: Close to 50% of revenue will be allocated to non-interest spending for national departments

National Treasury News

MTBPS: Close to 50% of revenue will be allocated to non-interest spending for national departments
South AfricaEnoch GodongwanaMtbps
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Enoch Godongwana, South Africa’s Finance Minister has proposed the allocation of revenue for national departments, provinces and local government.

has revealed how government will be spending its budget across the three spheres of government in an effort to reduce duplication in the management of programmes, as well as to improve the efficiency and effectiveness of public spending.

Godongwana in his MTBPS address said that the share of nationally raised revenue has moved towards local government. Godongwana said that during the 2025 Medium-Term Expenditure Framework period, the first phase of implementing recommendations from the recent conditional grant review, completed by the National Treasury earlier this year, will commence.

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