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eThekwini tables the 'people's budget'


eThekwini tables the people’s budget
By Thami Magubane
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DURBAN - THE eThekwini Municipality yesterday tabled an ambitious budget that seeks to support the poor, revive the city’s battered economy and give economic relief to ratepayers hard hit by the Covid-19 pandemic.
The budget, which is still in the draft phase, has yet to be debated by various political parties and should be finalised at the end of May. It is wide ranging and lists economic recovery, youth unemployment, facilitation of catalyst projects to spur economic growth and ensuring clean governance as its primary goals.
The draft budget also details extensively all the development initiatives it hopes to achieve. The total budget for 2021/2022 financial year is R52.3 billion, made up of an operating budget of R47bn and a capital budget of R5.3bn. Key to the draft budget are the tariffs that the city has managed to keep below inflation. With the exception of water and electricity â ....

South Africa , Kwazulu Natal , Sipho Nzuza , Patrick Pillay , Mluleki Mntungwa , Thabani Mthethwa , Democratic Liberal Congress , National Energy Regulator Of South Africa , Thekwini Municipality , Mxolisi Kaunda , Umgeni Water Board , National Energy Regulator , Mdu Nkosi , க்வஸூல்யூ நேட்டல் , பேட்ரிக் பிள்ளாய் , ஜனநாயக தாராளவாத காங்கிரஸ் , தேசிய ஆற்றல் சீராக்கி ,