Treasury says municipalities spending more than they have
Aggregate operating budgets fell into deficit in the 2024/25 financial year, it noted
07 November 2024 - 05:00
The National Treasury says the aggregate operating budgets of municipalities spending beyond their means fell into deficit during the 2024/25 financial year.
It published municipal operating and capital budgets adopted by their councils on its website on Wednesday. These give an overview of expected revenue and spending trends over the next three years...
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