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

15 November, 2024

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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