eNCA·2 min read·medium
Treasury insists municipal funding freeze will not impact services
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eNCA
✦AI Summary
South Africa's Treasury has withheld over R13 billion from 69 municipalities to enforce fiscal discipline and improve financial management. Officials maintain that service delivery will remain unaffected as municipalities rely primarily on their own revenue streams.
JOHANNESBURG - Treasury says its decision to freeze municipal funding will not affect service delivery. It is withholding more than R13 billion from 69 municipalities across the country.
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