Godongwana to announce new regulations for municipalities’ grants
Godongwana was answering questions in the National Assembly.
Finance Minister Enoch Godongwana plans to introduce new regulations to control how municipalities manage conditional grants when he presents his Medium-Term Budget Policy Statement on October 21st in Parliament. During a recent session in the National Assembly, Godongwana addressed questions as part of the Ministers in the Economic Cluster.
In July, Godongwana withheld the equitable share of funding for 69 municipalities due to their inability to justify the expenditure of these funds. Some municipalities, however, used the conditional grants for operational purposes. Currently, only a few municipalities remain non-compliant and have been given portions of the conditional grant until they meet specific conditions.
Godongwana elaborated on the upcoming measures, stating, "We are tightening the regulatory framework to ensure that conditional grants are utilized for their intended purposes. Additionally, a review of these grants will be highlighted in our Medium-Term Budget Policy, which we will present on the 21st, to prevent any future abuses."
Written by urgent.news from SABC News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
