The Eastern Cape budget has taken a R13-billion beating in recent years because of an exodus of 300‚000 people leaving the province since 2011.
Tabling the province’s R78.2-billion budget in the provincial legislature on Wednesday‚ finance MEC Sakhumzi Somyo spoke of it as a “balancing budget”.
He dedicated the budget to Nelson Mandela‚ saying he felt the budget had stayed true to Madiba’s “course and use the public purse to contribute to the achievement of Mandela’s vision”‚ and called on business‚ labour and civil society to “form a united front that will enhance our resolve to inclusive economic growth and job creation”.
However‚ Somyo decried the exodus of more than 300‚000 residents from the Eastern Cape to other provinces‚ as per Census 2011‚ which had led to a R13.9-billion cut in the province’s national allocation since 2013.
This meant the provincial government had to use its money prudently and efficiently “to effect positive change in the lives of our people”.
Despite a push to promote growth in agriculture‚ small businesses‚ and infrastructure‚ Somyo was once again forced to allocate 75% of the budget to the so-called “apex” departments of health (R23.7-billion) and education (R34.7-billion).
Daily Dispatch http://www.dispatchlive.co.za/featured/2018/03/08/exodus-ec-costs-r13bn/
By: Zingisa Mvumvu – DispatchLIVE
Source: TMG Digital.