Cape Town - The African National Congress wants to increase public funding for political parties, and also greater transparency on the funding parties receive from private donors.
ANC chief whip Jackson Mthembu on Thursday announced that the party will propose an ad hoc committee of Parliament to deal with this matter.
He said the effective functioning of political parties was fundamental to the promotion of constitutional democracy.
"Political parties require adequate funding in order to perform their functions and enhance democracy, and the manner and transparency of such funding are paramount in the context of building public confidence in our political system," Mthembu said.
He described the R150m that is proportionally shared among the parties represented in Parliament as a "pittance".
"Democracy is quite an expensive project."