Govt spent R202bn on economy in 2012

The South African government injected more than R202 billion into the economy in 2012, Statistics SA has said.

Total expenditure by public sector institutions increased from R181 billion in 2011 to R202 billion in 2012, statistician-general Pali Lehohla told reporters in Pretoria today at the release of a survey on public sector spending.

The bulk of the money, R137 billion, went into new construction projects, while R38 billion was spent on plant machinery and equipment.

“The figures show that municipalities were underspending on vital equipment related to service delivery,” Lehohla said.

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