Gauteng Finance MEC defends the underspending of R1.8-billion of budget [SOUND]

# Gauteng Finance and Economic Development MEC, Lebogang Maile, says while the provincial government has underspent its budget by 1.8-billion-rand, only 85-million-rand is at risk of being forfeited to the National Treasury. The provincial government’s final budget for the 2024/2025 financial year was 168.76-billion-rand. By year-end, it had spent 166.97-billion-rand, which is 99-percent of the budget. Maile says that of the 1.8-billion-rand unspent, 1.4-billion-rand came from the provincial equitable share, with the rest coming from conditional grants: