North West Allocates R55,7 Billion For This Financial Year

north west allocates r557 billion for this financial year

The North West MEC for Finance, Kenetswe Mosenogi, says R55,7 billion has been allocated for this financial year. This money is geared towards addressing the governments priorities, including fiscal prudence, economic revitalisation, and sustainable development.

MEC Mosenogis budget has also outlined plans to better capacitate municipalities and strengthen the provincial economy while tackling unemployment and infrastructure challenges.

The bulk of provinces budget has been allocated to the Department of Health and the Department Public Works, and Roads, highlighting the provinces focus on improving healthcare services and infrastructure development.

This is MEC Mosenogis second budget speech which outlines the provinces allocation and plans to bolster infrastructure development, jobs creation and poverty alleviation.

"Honourable Speaker, the budget proposals being tabled today are aimed at responding to the Medium-Term Development Plan MTDP which is at the centre of planning for the government. The budget allocated for 2025/26 financial year is R55,740 billion which is geared towards addressing the priorities of government as set out above," says Mosenogi.