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South Africa

Where #SAA got its R10.5bn from

───   17:00 Thu, 29 Oct 2020

Where #SAA got its R10.5bn from | News Article

A list of figures contained in the supporting documents to the Medium-Term Budget Policy Statement shows how difficult it was for Finance Minister Tito Mboweni to find the R10.5 billion for SAA.


Mboweni had to shift even paltry amounts from other state departments to find the money. The bulk of the cash now going to SAA was taken from the South African Police Service budget, which was effectively cut by nearly R1.2 billion, equal to 11.4% of the cash going to SAA. 

The department for higher education and training lost R1.13 billion, contributing just less than 11% of the funds. The health department will have to do with R694 million less, and transport with R681 million less. Human settlements lost R345 million, equal to 2 952 houses for the homeless. 

Other funds came from budgets cuts from departments such as Statistics SA, military veterans, parliament, and the department of women, youth and people with disabilities.

Moneyweb

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