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South Africa: Report Points to Underspending On Conditional Grants

Summary by allAfrica
[SAnews.gov.za] The report on local government revenue and expenditure for the second quarter of the 2024/25 financial year shows that conditional grants were underspent by municipalities, National Treasury said on Friday.

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South Africa: Report Points to Underspending On Conditional Grants

[SAnews.gov.za] The report on local government revenue and expenditure for the second quarter of the 2024/25 financial year shows that conditional grants were underspent by municipalities, National Treasury said on Friday.

·South Africa
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SABC NewsSABC News

Municipalities underspend on infrastructure in 2024/5: Treasury - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

National Treasury’s Q2 report for 2024/25 reveals that municipalities underspent on conditional grants and capital projects. These funds were meant for infrastructure development and emergency disaster repairs. The grants were allocated for programmes to support the development of infrastructure and fund emergency repairs after unforeseen disasters. This also includes funding the implementation of electrification projects, funding the upgrade of…

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allAfrica broke the news in South Africa on Friday, March 28, 2025.
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