'If we can reduce spending by all these 35 ministries, we can save R1 billion'
According to the Fiscal Cliff Study Group, it costs the taxpayer, R 137.07 million to pay for the running of the Ministry of Defence and Military Veterans. He says R1 billion of taxpayers' money could be saved if various government departments were streamlined.
The group shared this report in Parliament on Wednesday.
Head of the Fiscal Cliff Study Group, Professor Jannie Rossouw says it studied 35 ministries and the budgeted cost of running these ministries.
We have seen the highest one is the ministry of defence and military veterans with R 137.07 million, and the cheapest one is the ministry of finance at R4.4 million per annum. And we simply do not understand this large disparity between these ministries.Professor Jannie Rossouw, Head - Fiscal Cliff Study Group
He adds that these ministries spent the money on security, advisors, office supplies, among other things.
We need to interrogate this, as the figures that we are seeing make no sense. If we can reduce spending by all these 35 ministries, we can save R1 billion.Professor Jannie Rossouw, Head - Fiscal Cliff Study Group
He adds that there needs to be an investigation into this over spending.
Listen below to the full interview:
Source : https://pixabay.com/photos/coins-banknotes-money-currency-1726618/
The ANC’s national executive committee (NEC) will hold a special meeting from Saturday to Monday where it is expected to discuss COVID-19 and vaccines, the upcoming local government elections, the integrity commission’s reports and the controversial step aside resolution.Read More
A video showing a bleeding Solly Msimanga has now made its way to social medial platforms..Read More
Signing up for the Karpowerships would be irresponsible and irrational, says energy expert Clyde Mallinson on The Money ShowRead More
African National Congress spokesperson Pule Mabe says no one in the governing party can act on their individual accord.Read More
Ramaphosa, who addressed the party’s caucus on Thursday morning, said that he received the letter of suspension from Magashule on Wednesday night.Read More
ANC NEC member Naledi Pandor was responding to the suspension of Ace Magashule during an interview with CNN. She said that President Cyril Ramaphosa is trying to address the 'absence of ethics and integrity' in the country.Read More
Eyewitness News can reveal the embattled ANC secretary general has received communication signed off by his deputy Jessie Duarte informing him of his suspension.Read More
City of Joburg Mayor Geoff Makhubo answers questions from callers on his plans for the city.Read More
Political analyst Xolani Dude and Eyewitness News senior politics journalist Tshidi Madia comment on developments in the ANC.Read More
Cyril Ramaphosa spoke at the virtual Cosatu Workers’ Day celebrations organised by the trade union in Braamfontein on Saturday.Read More