Scott’s KZN budget down R1,406?bln

2015-03-11 00:00

FINANCE MEC Belinda Scott delivered her maiden provincial Budget in the legislature in Pietermaritzburg yesterday.

• Finance Minister Nlanhla Nene’s “fiscal consolidation” strategy means the province’s equitable share is reduced by R1,406 billion in 2015/16.

• The provincial departments plan to spend R101,961 billion in 2015/16, R106,882 billion a year later and R112,773 billion in 2017/18.

• The province’s total budget allocation from National Treasury is R99,135 billion in 2015/16.

• The province’s conditional grant allocations are being reduced barring three of them — the National School Nutrition Programme Grant, Comprehensive HIV and Aids Grant and Health Facility Revitalisation Grant.

• The total infrastructure spend in the province is estimated at R14,926 billlion in 2015/16, to be spent mainly on road, education and health facilities and the Department of Human Settlements.

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