Share

Govt injects R202bn into economy in 2012

Pretoria - The South African government injected more than R202bn into the economy in 2012, Statistics SA said on Wednesday.

Total expenditure by public sector institutions increased from R181bn in 2011 to R202bn in 2012, Statistician General Pali Lehohla told reporters in Pretoria, at the release of a survey on public sector spending.

The bulk of the money, R137bn, went into new construction projects, while R38bn was spent on plant machinery and equipment.

"The figures show that municipalities were under-spending on vital equipment related to service delivery," Lehohla said.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.14
-0.2%
Rand - Pound
23.79
-0.0%
Rand - Euro
20.45
+0.0%
Rand - Aus dollar
12.45
-0.5%
Rand - Yen
0.12
-0.1%
Platinum
927.20
+0.8%
Palladium
1,026.00
0.0%
Gold
2,318.47
-0.2%
Silver
27.21
-0.3%
Brent Crude
88.42
+1.6%
Top 40
68,515
+0.7%
All Share
74,486
+0.6%
Resource 10
59,946
+0.6%
Industrial 25
103,950
+1.1%
Financial 15
15,920
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders