Finance MEC presents R132.4 ‘pro-poor’ budget for Gauteng

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The MEC increased this year’s budget by R9.2 billion, despite tough economic conditions.

Finance MEC Barbara Creecy on Tuesday presented a R132.4 billion budget for 2019/20 financial year to the Gauteng legislature, which would favour the vulnerable in society through greater provision of health, education and social services, she said.

“This is the highest amount raised by any provincial government and goes a long way to explaining why we have managed to keep the provinces finances afloat,” she said. “Over the past five years, Gauteng has spent R 74 billion, on procuring goods and services from businesses owned by historically disadvantaged individuals. This includes procuring twenty billion rands’ worth of goods and services from Women owned enterprises and nine billion from youth-owned businesses.“We have registered 32,616 township businesses many from as far afield as Limpopo, Mpumalanga and Free State on the Gauteng SAP System which is linked to the central supplier database.

 

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