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Underspending, inflated wage bill a concern

Minister of Finance

Minister of Finance

Cape Town – Underspending on infrastructure and an increase in public servants’ wages remained key concerns for the government, with R3.8 billion in unspent balances in the last financial year expected to be rolled over and an additional R4.4 billion made available to cover higher-than-expected salary adjustments, the Minister of Finance Pravin Gordhan said today. [Read more…]