Gauteng's 2024/25 budget report reveals R1. 8 billion underspend, but what does this mean?

Gauteng's 2024/25 budget report reveals R1. 8 billion underspend, but what does this mean?

Gauteng sends back R1.8-billion it didn’t spend

By Doreen Mokgolo Most of the money that wasn’t used came from the Health and Education departments, while the rest came from other departments. Gauteng applied to keep some of the leftover grant money, but R85-million still had to go back to Treasury. Gauteng is sending back R1.8-billion to the National Treasury because government departments didn’t use all their money before the end of the financial year. Finance and Economic Development MEC…

Gauteng returns unspent R1bn to National Treasury

Gauteng had to return just over R1bn to the National Treasury because the province's health and education departments had failed to spend the allocated funds in the 2024/25 financial year.