Zuko Komisa

The National Treasury has said they had kept in close communication with IEC regarding the funding needs for the 2024 National and Provincial Elections as part of the budget process for that year.
In a statement, they rectified reports on the budget allocations for the Electoral Commission (IEC) for the 2024 General Elections.
For the 2024–2025 fiscal year, the commission was given an allocation of R2.302 billion, of which R322.2 million was transferred in April of that year. Between May and June 2024, an additional R1.040 billion will be given to the commission. R2.232 billion was given to the Electoral Commission for the 2023–2024 fiscal year.
“While budget reductions were announced in the 2024 Budget to address the country’s unsustainable debt burden, measures were taken to specifically ensure that requirements for the elections are adequately resourced,”
“The National Treasury’s engagements with the IEC confirmed that the costs related to elections can be accommodated within the entity’s baseline through surplus retention.
“During the 2024 Medium Term Expenditure Framework (MTEF) budget process, the IEC indicated that they will not require any additional allocation for election-related activities provided that approval is granted for them to retain accumulated surpluses of R1.5 billion. This approval was granted by the National Treasury.”
National Tresury – South Africa
READ NEXT: “Missing ballot box in uMhlathuze was counted!” – IEC



