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Gordhan pledges R207 billion to education in record budget | The South African
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Gordhan pledges R207 billion to education in record budget


Government spending reaches R1 Trillion for first time, millions for young children and further education
By Dan Swinhoe on 22 February, 2012 6:03 pm in Featured, News / no comments / EDIT

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Education South Africa, Pravin Gordhan

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South African Finance Minister Pravin Gordhan has pledged at least R207 billion towards education in todays budget speech. Government spending has reached the R1 trillion mark for the first time, but the record budget should also reduce the countrys debt. R207 billion has been allocated to education, with projections spending could rise to R236 Billion over the next three years. Talking to journalists before his speech in parliament Gordhan said, We cant wait for Europe to recover we have to find our own way through this crisis. Yearly spending in provincial education spending is expected to rise from R169.9 billion this year to R183.8 billion by 2015, a rise of 5.9% over three years. Literacy and numeracy in learner performance has remained problematic, so another R18 billion will be put towards learner subsidies for no-fee schools. Further education looks to have gained, with R850 million pledged to improving university infrastructure, and R17 billion will be given to the National Student Financial Aid Scheme, which gives loans to poorer students. This builds on further commitments by government to build two new universities in Mpumalanga and the Northern Cape. The community-based childcare and protection programme and early childhood development programmes will see R1.4 billion spent towards them over the next three years. It is hoped this will increase access to early childhood development by around 80,000 with a focus on rural areas. Elsewhere in the budget, R844billion will be spent on infrastructure. The Shipping to South Africa & Australia Trust Anglo Pacific for your removals. Top reputation, friendly & professional. International removals to South Africa Weekly shipping to South Africa. Get great rates and great packing, now. Open your account in OZ, before you go Open your account and send your funds at great rates with Australias best bank.

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nacirfA htuoS ehT | tegdub drocer ni noitacude ot noillib 702R segdelp nahdroG
government has R3.2 trillion of potential or existing mega projects, while R1 billion has been committed to job creation projects. Smokers, drinkers, gamblers and boat buyers are set to lose out with higher taxes cigarettes and alcohol, a gambling tax and taxes on small planes, helicopters and boats. Do you think more money will improve education or are there other issues that need addressing? COMMENT BELOW
Today we are following:

mth.tegdub-drocer-ni-noitacude-ot-noillib-702r-segdelp-nahdrog/swen/moc.nacirfahtuoseht.www

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