Deputy finance minister explains how flagged municipalities can get their money back
The deputy minister of finance, Ashor Sarupen, says the National Treasury will release the equitable share grant of 69 municipalities once they have taken corrective measures to put their finances in order.
But it is understood that this is a measure to convince the National Treasury that the city is taking corrective action related to corruption and wasteful expenditure.
However, according to reports, some municipalities have received the equitable share while some are still in talks with National Treasury about corrective measures.
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