Sunday, November 20, 2011

Eastern Cape set to yet again under spend on capital budget and overspend on personnel

The following is an extract from a media statement issued by Bobby Stevenson (MPL), DA Eastern Cape Provincial Legislature Leader and spokesperson on finance, on 18 November 2011:

“People are crying out for houses.  People are crying out for decent schools.  Yet the Eastern Cape Provincial Government continues to under spend capital expenditure and conditional grants.

On the other hand, the province has overspent on personnel for the first six months. This means more and more is spent on personnel and less and less on service delivery.

What is truly alarming is that people are paid to spend the capital budget but they are failing to do so.  The reason why this continues to happen is that there are no consequences for non-performance.

A DA government will use the full force of the Public Finance Management Act to hold non-performers accountable.”

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