GAUTENG BUDGET
Barbara Creecy says ‘ready when you are’
The finance MEC vows the province will fund infrastructure expansion but only for ‘shovel-ready’ projects
The Gauteng treasury will only disburse money for infrastructure spend to "shovel-ready" projects, finance MEC Barbara Creecy said on Tuesday. "In this financial year we are doing things slightly differently," Creecy told reporters in Johannesburg following the delivery of her budget speech to the provincial legislature. "We are saying [that] unless departments have shovel-ready projects, we are not going to put the money into their baselines, because we don’t want situations where there is underspending, and you might have a situation where a particular department is underspending [when] another department could utilise that money," she said. "What we [are] doing is incentivising good behaviour. People who come on time with projects which are ready to roll are going to get the money." A total of R44.4bn has been reserved over the 2017 medium-term expenditure framework for infrastructure spend, Creecy said. This figure had been split into R31.9bn, which was in the baseline of depart...
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