Budget2011

Government Announce Plan to Accommodate NSFAS

Finance Minister, Pravin Gordhan has announced that all government departments are required to effect unprecedented spending cuts of 0.3 percent, amounting to R6 billion, to accommodate additional funding for the National Student Finance Aid Scheme (NSFAS).

However, the minister says he will be relying on the cooperation from his colleagues in Cabinet and also from departmental accounting officers to make this a reality.

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