The Gauteng provincial government has yet to show how it will fund its previously agreed 30% contribution of R12.9-billion of the total outstanding debt of R47-billion for phase 1 of the Gauteng Freeway Improvement Project (GFIP). This follows the announcement made by Finance Minister Enoch Godongwana during his 2022 medium term budget policy speech that national government would take over the obligations of the South African National Roads Agency Limited for phase 1 of the GFIP.
Gauteng govt has yet to show how it will finance its portion of GFIP debt
by
Tags: