Cash flow challenges: E600m govt projects grounded
Government projects worth about E600 million in Eswatini have stalled over slow cash flow. The money was approved for the work but apparently exists only on paper. Contracts have been awarded, yet the budget holds nothing to actually finance them. The freeze has squeezed contractors and workers while slowing service delivery across the country.
<p>MBABANE – Government projects valued at about E600 million have stalled amid slow cash flow. This has affected contractors, workers and service delivery across the country. The money had been approved for the projects but it apparently exists on paper. Contracts have been awarded but the budget does not have money to finance the projects.  […]</p> <p>The post <a href="https://times.co.sz/43094/news/cash-flow-challenges-e600m-govt-projects-grounded/">Cash flow challenges: E600m govt projects grounded</a> appeared first on <a href="https://times.co.sz">Times of Eswatini</a>.</p>
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