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Minister Hlabisa Urges Government Departments to Settle R29.4 Billion Municipal Debt

November 15, 2024 1

Minister of Cooperative Governance and Traditional Affairs, Velenkosini Hlabisa, is urging government departments to settle their municipal debt. Government departments owe municipalities about 29.4-billion-rand. Answering questions in Parliament, Hlabisa says his department aims to ensure that financial recovery plans for municipalities prioritise long-term sustainability and are effectively implemented:

Written by: Leonard Witbeen

29.4-billion-rand debt Cooperative Governance debt settlement debt to municipalities departmental debt management financial sustainability fiscal responsibility governance accountability government debt resolution government departments debt Hlabisa in Parliament long-term sustainability municipal debt municipal financial challenges municipal financial recovery municipal recovery plans parliamentary address South Africa debt crisis South African municipalities Traditional Affairs Velenkosini Hlabisa

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