Not enough for infrastructure in budget: DA
Image by: STRINGER / REUTERS
The money allocated for infrastructure and growth is not good enough, the Democratic Alliance said on Wednesday, after Finance Minister Pravin Gordhan tabled the 2012/13 Budget.
"I don't think we got it today, but let's give the minister credit because he managed to bring the budget deficit down," DA finance spokesman Tim Harris said.
"The fact that he managed to do that shows us that we have more space to be bold on growth and on infrastructure particularly.
"I mean the growth number that he [announced] today is projected to grow at 2.7 percent and that's with the globally economy growing faster... and Africa growing even faster... We want to see far more on growth. Those numbers aren't good enough."
The budget showed that this year less would be spent on infrastructure, he said.
"Last year, we were projecting to spend around 8.1 percent... that number has now gone down to 7.8 percent, so actually we are spending less on infrastructure."
Harris said Gordhan was alluding to amounts he wanted to spend after 2015, when there was a substantial deficit on infrastructure right now.
"We want to see bolder numbers," he said.





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Posted 86 days agoSecretVoice
disillusionedstill
This DA MOaNA Harris said 'not enough on infrastructure ...'
How much is the DA complaining (again and again and again) about?
How much does the DA consider is required?
If the DA feels peeved about its ability to offer an alternative, maybe it should read the myths in today's FM - it about covers most of the rubbish the DA has to offer.
Les4uu
Posted 86 days agomkhusu
Posted 86 days agoHorus
Posted 86 days ago1. The higher the budget the greater the room for manoeuvre for the corrupt syndicates to transfer even greater funds into their private bank accounts,
2. Infrastructure spending should correlate to the country’s size and long term objectives, and not merely seen as a tool to smooth the unemployment numbers and to boost the civil engineering industry’s order book,
3. The public works department’s ability in terms of skill and competence to roll out massive infrastructure projects should be a key consideration prior to overloading them with work whose quality will later be questionable.
4, The proportion of infrastructure funds spent on smaller civil engineering firms should be one of the fundamental key performance indicators that becomes reported to Parliament as smaller business have proven to have larger appetites for labour, skills transfer and empowerment. Larger firms (civil engineering) are subjected to various red tape that render them unable to hire and boost their human resource department with flexibility.
5, The all-consuming question of government department’s inability to spend their allocated budgets should firstly be answered before large funds are approved for capital spending. The issue could arise because staff are hesitant to deploy the funds in innovative projects because of fear of being seen as ‘corrupt’ by the national government or media. This fear has halted many spearhead and ground breaking projects and has resulted in many departments to just do their job and keep out of trouble.
6, Another question that needs to be asked is how are our national budgets prepared? Are they not prepared based on concrete projects and ideas that have already been considered and approved by the Min of Fin? If this is the case then we should not be in a position of under spending and the Min of Fin should be more than able to present the successes of such projects in the following year’s budget speech.
Timbuck5
Loads will go "missing" from the said budgets... as it is a known fact that 37% of last years Budget, (2011/2012) has GONE MISSING!!!!!!!!
Well put anyway!!!!!
the_original_MommaCyndi
Posted 86 days ago