Provinces expect to overspend budgets by R24.8bn on wage pact
Governments will have to accommodate the increase from existing allocations as the agreement had not been concluded before the February budget
17 August 2023 - 16:27
Provinces are projecting to overspend their 2023/24 budgets by a total of R24.8bn mainly due to the implementation of the wage agreement reached between government and public sector trade unions.
The wage agreement provided for a 7.5% increase from April 1 at an unbudgeted cost to government of R37.4bn...
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