Municipalities underspend on infrastructure in 2024/5: Treasury

SABC News

National Treasury’s Q2 report for 2024/25 shows municipalities underspent on conditional grants and capital projects meant for infrastructure development and emergency repairs. The low capital expenditure amounts to R14.3 billion of the adopted R77.4 billion budget. Chief executive officer at Sovereign Africa Ratings, Zwelibanzi Maziya, highlights concerns regarding infrastructure development.
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