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Podcast: The Talking Point
Episode: Municipal Watch: How National Treasury allocates Budget to municipalities
Description: R2,95 trillion has been allocated to the nine provinces and 257 municipalities over the medium term expenditure (up to March 2028). This announcement was made during last week's Budget Speech tabled by Finance Minister, Enoch Godongwana. The Minister also highlighted that National Treasury will be issuing grant funding to municipalities based on performance and reward functional municipalities. This is a measure forms part of their commitment to to improve revenue generation, efficiency, and accountability in the lower spheres of governance. President Cyril Ramaphosa in his State of the Nation Address, phase 2 of Operation Vulindlela, the institutional structure of local government, will...