n IMIESA - Spending wisely on infrastructure - editor's comment

Volume 43 Number 10
  • ISSN : 0257-1978


The launch of the South Africa Infrastructure Fund (SAIF) forms part of the economic stimulus and recovery plan, announced recently by cabinet, with an emphasis on job creation and the revitalisation of a lagging economy. Some R400 billion has been set aside for the SAIF component and the approach being taken is to reprioritise projects, which includes temporarily parking underperforming programmes. That’s a good thing. As we’ve seen from the South African Auditor General reports on municipal performance over the past three years, improved financial management and programme execution were two of the key areas highlighted as hampering service delivery.

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