DA: David Maynier says billions of rands of wasteful expenditure buried in MTBPS 2016

28th October 2016

DA: David Maynier says billions of rands of wasteful expenditure buried in MTBPS 2016

Finance Minister Pravin Gordhan
Photo by: Reuters

The Minister of Finance, Pravin Gordhan, claims that government is committed to reducing waste.

However, careful scrutiny of the 2016/17 Adjusted Estimates of Expenditure reveals shocking levels of wasteful expenditure.

The 2016/17 adjusted budget provides for:

But that is not all.

The 2016/17 adjusted budget also includes spending:

It is simply wrong to waste money like this.

The fact is:

And that is why we will strongly oppose the more than R1.18 billion of wasteful expenditure we have identified by proposing amendments to the 2016/17 adjusted budget in Parliament.

 

Issued by DA