Education continues to receive a bulk of government’s spending money. Minister Tito Mboweni on Tuesday has allocated a total of R396.4 billion to learning and culture, while basic education will get R248.6 billion.
Speaking to the media earlier, Minister Mboweni highlighted that although the country’s finances remain constrained, the government will continue to spend so as to ensure that development is not hindered. “We are spending but not at the rate of change we want to,” said the Minister.
The government has committed that the large amounts spent on the education sector, the investments will be channelled towards building new schools, replacing schools constructed with inappropriate materials, and providing them with water, electricity and sanitation.
Mboweni’s highlighted that government total spending amounts to R1.95 trillion.
Below is a graph of the consolidated government expenditure.
In the video below, Minister Tito Mboweni delivers the 2020 Budget Speech in Parliament.