03 September 2015
“Our figures show we have performed dismally. Our finances look even worse.”
Senior officials from the department of rural development and land reform admitted this before their quarterly report on the department’s finances was tabled in Parliament yesterday.
In the first quarter of the financial year the department used R1.4 billion of its R9.3 billion budget.
Rendani Sadiki, chief financial officer of the department, said only two “departments or functions” used more than half of their budgets.
The divisions in which the budget has been underspent so far are land reform, rural development, restitution and administration.
Read the full article from: News24.