Gauteng government considers selling properties to cover e-toll debt

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Gauteng government considers selling properties to cover e-toll debt
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This follows the pronouncement by minister of finance Enoch Godongwana in his medium-term budget policy statement (MTBPS) that national government would pay 70% and provincial government 30% towards the debt.

Premier Panyaza Lesufi outlines the proposed financing model for the Gauteng Freeway Improvement Project.The Gauteng provincial government is considering selling prime properties to cover the costs of paying back e-toll debt to Sanral, its premier, Panyaza Lesufi, said on Friday.

This follows the pronouncement by minister of finance Enoch Godongwana in his medium-term budget policy statement that the national government would pay 70% and provincial government 30% towards the debt. “Our proposal as the provincial government was mainly and only on the 30%, but the minister’s speech included maintenance. We are not rejecting or objecting because these are national roads and if we as Gauteng are expected to maintain them, there must be due process. Therefore we believe the meeting will clarify those aspects.

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