Sowetan

● No pay rise for cabinet and MPs

Government to spend R5,8-trillion in three years

- By Thabo Mokone

Despite a tough economic environmen­t‚ the government is planning to spend R5,8-trillion in the next three years‚ with the bulk of the money going to education‚ health and social developmen­t. Finance minister Tito Mboweni told MPs yesterday that over the next three years the government would spend R1,2-trillion on education‚ R717bn to improve the ailing public health infrastruc­ture‚ and about R900bn on social developmen­t or social grants. Mboweni said the department of basic education would receive R30bn to build new schools and maintain existing schooling infrastruc­ture. An additional R2,8bn would also be channelled towards eradicatin­g pit latrines at more than 2‚400 schools.

In the next three years‚ an amount of just over R111bn would be set aside to fund 2,8million “deserving students from poor and working class families to obtain their qualificat­ions at universiti­es and technical and vocational education and training colleges”. “In health‚ we need simple‚ effective interventi­ons. We need more doctors and nurses. R2,8bn has been re-prioritise­d to a new human resource grant and R1bn for medical interns. R1bn has been added to wages of community healthcare workers to R3‚500 per month. “Finally‚ R319m is allocated to eliminate malaria in South Africa‚” said Mboweni. Turning to the issue of housing and human settlement­s‚ Mboweni introduced the “Our Help to Buy subsidy” for firsttime buyers to acquire housing. The subsidy scheme would be piloted at a cost of R950m in the next three years. Mboweni would also‚ in the next two years‚ introduce two conditiona­l grants to the tune of R14,7bn through the re-prioritisa­tion of funds. The money would be “for informal settlement­s upgrading‚ which will enable these households to have access to basic amenities”. On land reform‚ government would support 262 “priority land-reform projects” in the next three years‚ at a cost of R1,8bn.

Another R3,7bn has been budgeted to assisting emerging farmers seeking to acquire arable land to farm.

 ??  ?? President Cyril Ramaphosa makes a gesture during the budget speech.
President Cyril Ramaphosa makes a gesture during the budget speech.

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