Treasury tells departments to reprioritise budgets for G20 funding
The 2025 fiscal framework has made provisional allocations for G20 funding
11 February 2025 - 05:00
The Treasury has told departments and institutions involved in the Group of 20 (G20) to focus spending on “high-impact initiatives” to reduce costs associated with SA’s presidency of the bloc, with departments expected to fund activities by reprioritising current budgets.
In its funding guidelines the Treasury reminded departments that SA’s fiscal environment is tight and that departments unable to fund G20 activities through reprioritisation have received supplementary funding through the 2024 adjusted estimates of national expenditure to offset the G20 funding shortfall in 2024/25...
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