Dirco won't cut costs of embassies with tight 2016 budget
The dept says while it's stretching its budget for more output there's no plan to cut costs to embassies.
JOHANNESBURG - The Department of International Relations and Cooperation (Dirco) says while it's stretching its budget for more output this financial year, there's no plan to cut costs when it comes to embassies overseas.
Economists have been warning consumers and government to cut back on expenses, with the rand hitting an all-time low against the dollar earlier this month.
The effects of the exchange rate have been felt internationally, especially now, as South Africans delegates are in Davos for the 2016 World Economic Forum.
The Presidency is leading a delegation in Davos this week, to promote the country as a preferred investment destination.
The costs of attending the World Economic Forum have been estimated at R500,000 per individual and a meal like a salad and glass of milk costs around R700.
Economist Iraj Abedian says one way for South Africa to cut costs is by looking at our embassies.
But the department's Nelson Kgwete says there are other factors to consider.
But Kgwete says they are dealing with a tighter budget this year.