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National Treasury to unfreeze funds to municipalities

But finance minister warns that some municipalities are “not off the hook”

Minister of Finance Enoch Godongwana has warned that non-compliant municipalities are “not off the hook”. Archive photo: Ashraf Hendricks.
The National Treasury will unfreeze equitable share transfers to a number of local municipalities by 31 July, but Minister of Finance Enoch Godongwana has warned that non-compliant municipalities are “not off the hook”.
Earlier this month, the Treasury froze R13.5-billion to 69 municipalities to “instil fiscal discipline” after “persistent and serious non-compliance with the Municipal Finance Management Act”.
Godongwana made the announcement at a joint media briefing with Minister of Cooperative Governance and Traditional Affairs (COGTA) Velenkosini Hlabisa on Tuesday.
Godongwana said the Treasury wanted to avoid “adverse” effects on municipal services. He said the Treasury must “balance its constitutional responsibility…

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