Treasury targets more savings after R12bn identified under TARS scheme
The National Treasury reports that R12-billion in savings has been identified for the coming three years as a result of its Targeted and Responsible Savings (TARS) initiative, which requires departments to interrogate programme efficiency and effectiveness when seeking funds. “Overall, the first round of this process has identified R12-billion in wasteful or ineffective programmes. Over the medium term, government intends to realise more savings,” the Budget Review states.
The National Treasury reports that R12-billion in savings has been identified for the coming three years as a result of its Targeted and Responsible Savings (TARS) initiative, which requires departments to interrogate programme efficiency and effectiveness when seeking funds. “Overall, the first round of this process has identified R12-billion in wasteful or ineffective programmes. Over the medium term, government intends to realise more savings,” the Budget Review states.
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