Home South Africa News Finance MEC – Gauteng’s MTBPS to increase by over R400m

Finance MEC – Gauteng’s MTBPS to increase by over R400m

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Nomantu Nkomo-Ralehoko

This was her first budget since she was elected to her position in May.

Gauteng Finance MEC Nomantu Nkomo-Ralehoko has tabled the province’s Medium-Term Budget Policy Statement (MTBPS) in the legislature on Tuesday, increasing the budget by over R400 million.

This was her first budget since she was elected to her position in May.

Gauteng’s budget has increased from R132.4 billion to R132.9 billion.

Nkomo-Ralehoko said infrastructure would receive the lion’s share of the money.

“But the total infrastructure budget has increased to R199.4 million to cater for occupational health, safety repairs, refurbishment of health facilities.”

The enhancement of revenue collection has also been prioritized: “We want to focus more on revenue collection because our economy has been taking a knock.”

Over the 2020 midterm, Treasury expects to collect R21.2 billion in revenue.

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Rapper Cassper Nyovest didn’t honour his interview commitment and DJ Fresh called him unprofessional. The star who is currently preparing for his #FillUpRoyalBafokeng was scheduled to have an interview with DJ Fresh yesterday on his 947 radio show.

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Source: ewn