1 (a) As the honourable member may be aware, following the announcement by the Minister of Finance on the future of (e-toll) on the Gauteng Freeway Improvement Scheme during the 2022/23 Mid-Year Budget Adjustment Vote, Government undertook to deactivate the e-tolls billing system before end of 2022/23 with both the National Treasury and Gauteng Provincial Government contributing towards the remaining debt for the remaining concession period.
(b) With regards to the outstanding R20 Billion, the Gauteng Provincial Government has agreed to contribute 30% to settling SANRAL's debt and interest obligations, while national government will cover the entire 70% of the debt.
2. (a) The National Treasury and the Gauteng provincial Government shall make a joint contribution towards the settlement of the e-toll debt as was announce by the Minister of Finance.
(b) it is anticipated that National Treasury will bear the bulk of the costs (70%).
(c) Funds to be sourced from both the National and Provincial Budgets.