Eastern Cape opposition parties say too much of the provincial budget having been allocated to social services, as opposed to the economic sector, is hampering development in the province. Finance MEC Mlungisi Mvoko delivered his R91.6bn provincial budget for the 2023/2024 financial year on a virtual platform on Tuesday.
The Eastern Cape department of basic education has again been given the lion’s share of the provincial budget by finance MEC Mlungisi Mvoko in his budget speech on Tuesday.
The Coega Development Corporation has welcomed finance MEC Mlungisi Mvoko’s R1.8bn budget allocation for the Coega Return Effluent Scheme, an innovative water sustainability initiative.
Conditional grants are funds allocated by the National Treasury to achieve national policy objectives, speeding up access to basic public services, including health, education, water and welfare.