Johannesburg - Limpopo is not in a financial crisis, the African National Congress in the province said on Friday.
The problems there were "challenges", provincial secretary Soviet Lekganyane said.
"We are not in financial crisis, we are just having financial challenges."
Lekganyane was briefing reporters after a national intervention team indicated the province faced a shortfall of R2bn at the end of the financial year.
On Thursday, Finance Minister Pravin Gordhan said in Polokwane that the team had discovered improper financial management in the province.
Gordhan and five ministers put five provincial departments under administration last year.