Since the inception of the North West COVID-19 Small, Medium and Micro Enterprises (SMMEs) Relief Fund, 3 876 successful applicants have received payouts.
From 2021, expenditure failure accountability is expected to take centre stage as the National Treasury is set to review provincial infrastructure sector funding policies.
Finance Minister Tito Mboweni has announced that government will over the next three years allocate R213.4 billion to ensure the safety of the country through an efficient and effective criminal justice system.
A total R217 billion will be spent over the next three-years on ambitious economic development programmes aimed at promoting faster and sustained inclusive economic growth, National Treasury said on Wednesday.
The country will in the next three years see community development funding reach R240.7 billion, Finance Minister Tito Mboweni has revealed.
In support of government’s quest to inoculate 67 percent of the South African population, the National Treasury will inject an amount of R9 billion to the country’s COVID-19 vaccination programme.
While education continues to be a priority, Finance Minister Tito Mboweni has announced that government will in the next three years trim expenditure in the learning and culture function.
Social grants will from April increase by below inflation rates of between 1.0 and 3.4 percent, Finance Minister Tito Mboweni has announced.
Government will in the next financial year avail an additional R8 billion to the health system for the country’s COVID-19 pandemic response.
As the country begins to roll out a massive vaccination programme, the Gross Domestic Product (GDP) is projected to grow by a rate of 3.3 percent in 2021.
