Unspent funds by government departments in the first six months of the financial year total R3.9bn, Treasury deputy director-general for public finance Mampho Modise told parliament's two appropriations committees on Thursday.
The unspent amounts are surrendered to the national revenue fund unless finance minister Tito Mboweni approves their use elsewhere in the same department. “The departments are not fulfilling their mandates and doing what they set out to do at the beginning of the year,” Ryder said. “These are not the places where departments should be underspending. There must be consequences for departments underspending, especially in areas that are nationally urgent places to spend money,” said Modise.
Health Health Latest News, Health Health Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Underspending by state departments raises MPs’ hacklesDepartments with the largest unspent funds are higher education and training, police, health, co-operative governance, small business development and energy
Source: BDliveSA - 🏆 12. / 63 Read more »
Underspending by state departments raises MPs’ hacklesDepartments with the largest unspent funds are higher education and training, police, health, co-operative governance, small business development and energy
Source: BDliveSA - 🏆 12. / 63 Read more »