Ag Considers Investigating Implications Of Budget Postponement

The office of the Auditor General AGSA says it is considering the request from the uMkhonto weSizwe Party MKP to investigate the financial implications of the budget speech postponement last month.

This is after MKP wrote to the Auditor General requesting an investigation, claiming that the budget delay has cost the country millions of rands and contributed to fruitless and wasteful expenditure.

It is important to know that the AGSA conducts annual regulatory audits on the Parliament of the Republic of South Africa and all government departments. If any material irregularities are identified during the audits, they are reported in the Audit Report of the institutions, which are tabled publicly in parliament. It is equally important to note that the AGSA will continue to carry its constitutional mandate in a fair manner without fear, favour or prejudice on all on all its audits," says Head of Communication at the Auditor General, Harold Maloka.

Minister Enoch Godongwana is expected to deliver the budget speech on 12 March . The budget was postponed after the Government of National Unity GNU could not agree on the proposed 2 Value Added Tax.

Various organisations have come out against the proposed VAT increase.