DA launches wasteful expenditure monitor: R57 million wasted so far
South Africa is in the grips of an economic recession, and the ANC government has gone out of its way to emphasise the need for frugality and prudence in the way that it spends public money if it is to deliver services and properly manage our budget deficit.
In his address to Parliament during the 2009 Budget Vote Debate, Finance Minister Pravin Gordhan warned that the state has to be more disciplined in the way it manages its money. He stated: "After seven years of growing budgets and rising revenues there is a degree of fiscal looseness in the system and now is the time to tighten up on that looseness." He continued, "Money is not the problem ... it is how we spend the money. This has to improve."
The DA agrees with the Finance Minister. Unfortunately, the culture of excess that has seemed to define many of the spending decisions made by the executive does not seem to be changing. Meanwhile, ordinary members of the South African the public - many of whom have lost work and are struggling to make ends meet - have been forced to watch on as the ANC continues to spend exorbitant amounts on what often amounts to little more than personal indulgence.
As part of its oversight role as the Official Opposition, the Democratic Alliance (DA) is today launching a ‘Wasteful Expenditure Monitor', which comprises a table of examples of fruitless and wasteful expenditure by the ANC government.
The monitor is available on the DA website (see here).