Media Statement - MEC Mamabolo adds R4.5 billion to the Gauteng budget - 28 November 2023.pdf

Gauteng Treasury Gauteng Treasury 2023/11/27 - 22:00


Finance MEC Jacob Mamabolo today increased the budget of the Gauteng Provincial Government by R4.5 billion, mainly to fund energy projects and the expansion of frontline services in townships, informal settlements and hotels (TISH) areas.

"The 2023 Main Budget is today being adjusted from R158.9 billion to R163.5 billion. The Adjustments Budget is seldom about the introduction of new priorities. It is primarily about providing for unforeseen and unavoidable expenditure, as well as the formalisation of commitments that were not pencilled into the Main Appropriation, such as the energy projects," MEC Mamabolo said.

The MEC said Gauteng is working on a plan to settle the E-Toll debt and will submit a proposal to national government next month.  

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Media Statement - MEC Mamabolo adds R4.5 billion to the Gauteng budget - 28 November 2023.pdf

Published 2023/11/27 - 22:00

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