Mosenogi tabled second adjustment budget


By REGINALD KANYANE

11 March 2025- The North West MEC for Finance, Kenetswe Mosenogi tabled the 2024/25 Second Adjustment Budget for North West province, following the approval of the allocations by the National Treasury and the National Department of Human Settlements. Mosenogi stated that an additional R150 million to the Informal Settlements Upgrading Partnership Grant (ISUPG) for the Department of Human Settlements, has been available as part of the 2024/25 second adjustment allocation, increasing the ISUPG allocation from R357.135 million to R507.135 million.

She further said, as a result, the department’s total allocation increases from R1.894 billion to R2.044 billion, and the Provincial Fiscal Framework grows from R54.159 billion to R54.310 billion. Mosenogi added that, The additional allocation will allow the department to deliver on its mandate of providing better housing and settlements for citizens of the province.

“Given the limited time remaining in the current fiscal year, we plead with the North West Provincial Legislature (NWPL), to expedite the approval processes to ensure that the department spend the additional allocation before end of March 2025.

“These additional funds should be utilised to respond to needs of the citizens of the province. All indications are that, the department would be able to utilise their allocation in the current financial year without rollovers,” she said.

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