
EFF welcomes Treasury clampdown on 16 Free State municipalities
EFF Provincial Secretary Bosanku Msimanga says the Minister of Treasury should have implemented the funding freeze a long time ago.
The party has welcomed National Treasury’s funding freeze on 16 municipalities in the province.
Treasury announced last week that it was withholding equitable share funding to 69 municipalities countrywide in a bid to enforce fiscal discipline, address persistent financial mismanagement, and hold municipal officials accountable for failures to comply with the Municipal Finance Management Act.
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