50 likes | 66 Views
This article discusses the budget allocation for the 2014/15 period, highlighting the reduction in restitution grants and other program allocations due to the economic outlook. It also covers the financial challenges faced by the organization.
E N D
Financial Challenges • An indicative amount of R280 million in 2014/15 was reduced from restitution grants allocation to respond to a baseline reduction effected by the National Treasury due to the economic outlook of the country. • Further indicative amounts of • R40 million (Administration) • R30 million (Geo-spatial and Cadastral Services) • R100 million (Rural Development) Were reduced for 2014/15 also due to the economic outlook of the country.