South Africa will invest an additional 161 billion rand over the next three years to create jobs and reduce poverty as the effects of a global financial crisis weigh on the economy.
The government has allocated 25 billion rand to provinces to expand no-fee schools, reduce infant and child mortality and improve welfare services.
The government will concentrate on its expanded public works programme to try and rein in mounting job losses, mainly in the mining and manufacturing sectors, where shrinking exports and lower commodity prices place tens of thousands of jobs at risk.
The government will spend 4.1 billion rand on the public works programme and an additional 7.9 billion rand for housing and municipal infrastructure.
A further 5.4 billion rand will go to improve the criminal justice system and increase the number of police officials from 183,000 last year to over 204,000 in 2011/12.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment