Funding for Housing and Municipal Services

Thursday, February 24, 2011 - 13:12
Finance Minister has announced that an additional R4.9 billion will be allocated for housing and municipal services

Finance Minister Pravin Gordhan has announced that an additional R4.9 billion will be allocated for housing and municipal services over the next three years.

Gordhan stated that, “Realising this outcome will require speeding up service delivery, eliminating regular patterns of underspending in certain provinces, and improving the efficiency of local government housing processes.”

He is of the view that building adequate and safe human settlements raise living standards and create job opportunities.

To read the article titled, “Budget provides additional R4.9bn for housing, municipal services,” click here.

Source: 
The Citizen