Treasury deserves commendation for tough stance on municipal finances
As South Africa heads to local government elections in November, the National Treasury’s new approach comes at an opportune time and deserves our full support.
In one example presented by National Treasury, the equitable share formula was based on 61,615 households, while the municipal indigent register contained only 2,575 households.
By Rebone Tau South Africans should commend National Treasury for taking a difficult but necessary stand on the financial crisis facing municipalities.
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