THE Eastern Cape government has been allocated R40,1-billion as its equitable share of national revenue for the next financial year, R2,8-billion more than it received for 2009/10.
Commenting on the provincial equitable share allocation, DA finance spokesman Bobby Stevenson said given that the equitable share was R2,8-billion more meant the over-spending of R2,6-million in the current financial year would eat this up, while the province was also potentially exposed to a further R600-million in back pay. Read the full story in The Herald.
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