Budget cuts on the cards for Gauteng amid bleak economic outloo
30 October 2019
The Democratic Alliance (DA) in Gauteng notes with concern today’s Medium-Term Budget speech that was delivered by Finance Minister, Tito Mboweni in parliament.
According to the Finance Minister, the South African economy is expected to only grow at 0.5 percent in 2019 compared to the expected 1.5 percent in February.
This means that government needs to provide adequate services with less money.
Expenditure cuts will become a reality if the government wants to make sure that every department has adequate funding for the rest of the financial year as well as going forward.