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As of 20 July 2015, Transport for Cape Town’s total actual expenditure plus contractual commitments amounted to R1,356 billion or 77% of the capital budget for 2014/15. In the previous financial year, TCT spent 79% of its capital budget and in 2012/2013 a record R2,5 billion which equated to 95% of TCT’s budget at the time.
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