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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

Additional R1.2 billion Eastern Cape adjustments budget welcomed

28 November 2012 By Port Elizabethan

The Democratic Alliance welcomes the additional funding for Health (R568 million) and Education (R466 million) in the Adjustments Appropriation Bill tabled in the legislature on Tuesday afternoon. This however will not be enough, as the health department will still overspend.

Of deep concern is the decline in the equitable share over the next three financial years of R5,1 billion due to the province’s weighted average decreasing, as a result of the new census figures.

This has severe implications for service delivery.

I agree with MEC Phumulo Masualle when he says that under expenditure on conditional grants is criminal.  However, he did not spell out what action would be taken against officials responsible for this continued under expenditure.  It’s high time that the full weight of the Public Finance Management Act was brought to bear against those officials responsible for financial mismanagement.

It is quite clear that the Easter Cape is standing on a fiscal cliff.

Unless there is tight financial management and real accountability for non-performance, we could go over the edge.

Bobby Stevenson, MPL

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Port Elizabethan

This author is a 'catch-all' for occasional articles and letters written to MyPE. The Author of each article can be found in the signature at the bottom of each individual article.

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Filed Under: Letters to the Editor Tagged With: bobby stevenson, budget, education, health

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