By Simon Nare
President Cyril Ramaphosa is tightening the noose on government expenditure as well as holding government departments accountable to ensure there is no wasteful expenditure.
This was part of the Budget reforms announced by Finance Minister Enoch Godongwana on Wednesday.
He told MPs that a committee would be established in The Presidency to monitor expenditure in government departments.
The committee would work closely with the National Treasury to identify waste, inefficient and underperforming programmes.
The minister said that for over a decade, budgets have been trimmed across the board. While these measures have helped maintain fiscal discipline, it has not been interrogated whether the funds allocated were being used for the correct purposes and if they supported national priorities.
“We must acknowledge that over time budgets tend to grow incrementally, often carrying forward historical allocations, without necessarily reflecting the evolving needs of our country.
“This approach has led
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.
Subscribe nowNeed help? molokom@insidepolitic.co.za
