E4.4bn capital budget still unused
The government had 4.4 billion Emalangeni remaining from its capital budget at the mid-year mark. According to the Mid-Year Budget Review, project execution reached 44 percent. Capital expenditure was recorded at 3.4 billion Emalangeni. This figure was measured against an approved annual allocation of 7.8 billion Emalangeni. By the end of September, 56 percent of the capital budget remained unexecuted.
MBABANE – Government had E4.4 billion remaining from its capital budget at mid-year, with project execution reaching 44 per cent. The Mid-Year Budget Review shows that capital expenditure stood at E3.4 billion against an approved annual allocation of E7.8 billion. This left 56 per cent of the capital budget unexecuted by the end of September. […] The post E4.4bn capital budget still unused appeared first on Times of Eswatini .