Gauteng Finance MEC Denies Bankruptcy Rumours Amidst 'Tough' Budget Constraints
2025-01-07
MSN
Gauteng Finance MEC Lebogang Maile has moved to quash 'erroneous' reports suggesting the province is on the brink of bankruptcy. Despite operating with stringent resources, Maile reassured that Gauteng's R169 billion budget is being managed effectively, with no imminent risk of financial collapse. With fiscal discipline and prudent financial management, the province aims to navigate its budget constraints and deliver essential services to its citizens, ensuring economic stability and growth in the region, including key areas such as public finance and economic development.
