1887

n IMFO : Official Journal of the Institute of Municipal Finance Officers - Provincial and local government budgets - comment : budget

USD

 

Abstract

Extracted from text ... IMFO ? Fall 2006 20 The allocation of national revenue in 2006 is as follows: (Rand billion) 2005 2006 % change National departments 196 215 9.5 Provinces Equitable share 135 151 11.4 Conditional grants 19 26 34.8 Total 154 177 14.3 Local government Equitable share 10 18 87.5 Conditional grants 7 8 18.0 Total 17 26 57.7 Excl RSC Levy replacement 17 19 16.0 Provincial (+14.3%) and local government (+16%) allocations will increase substantially faster in the coming year than national departments (+9.5%), reflecting the government's spending priorities and especially its redistribution philosophy. The Medium Term Expenditure Framework projects ..

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/content/imfo/6/3/EJC42253
2006-09-01
2016-12-09
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