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Finance Standing Committee
2015 Budget: Minister of Finance briefing
26 Feb 2015
The Minister of Finance and a team of senior delegates from the National Treasury presented a summary of the presentation of the 2015 Budget to the joint meeting of the Select Committees on Finance and Appropriations and the Standing Committees on Finance and Appropriations. Members kept their questions short and ...
Standing Committee on Appropriations
Department of Cooperative Governance & Municipal Infrastructure Support Agency on progress of support & interventions aimed at improving spending of grants & service delivery at local government level
24 Feb 2015
The Department of Cooperative Governance and Traditional Affairs (COGTA) and the Municipal Infrastructure Support Agency (MISA) briefed the Standing Committee on Appropriations on the progress of support and interventions aimed at improving the spending of grants and service delivery at the local government level.
The presentation focused on the expenditure ...
Standing Committee on Appropriations
Committee Reports on 2014 Medium Term Budget Policy Statement & Adjustments Appropriation Bill: adoption
19 Nov 2014
The Committee adopted the Committee Reports on 2014 Medium Term Budget Policy Statement & Adjustments Appropriation Bill. It discussed its 2015 First Term programme which would be dominated by hearings on the 2015/16 Budget.
Standing Committee on Appropriations
Committee Reports on 2014 Medium Term Budget Policy Statement & Adjustments Appropriation Bill
18 Nov 2014
The Committee Report on the 2014 Adjustments Appropriation Bill, noted that National Treasury, as well as two departments affected by these adjustments, the Departments of Tourism and Economic Development, had briefed the Committee on the Bill. The Department of Sports and Recreation was asked to furnish reasons for its requested ...
Standing Committee on Appropriations
Economic Development Department on its underspending & virements in 2014 Adjustments Appropriation: hearing
12 Nov 2014
The Economic Development Department (EDD) explained its contravention of the 8% limit on virements by 48% and by 54% in two of its programmes. It noted that Treasury had to be told within seven days about virements. The EDD explained that after the election in May 2014, thes new administration ...
Standing Committee on Appropriations
Department of Tourism on its underspending and virements in 2014 Adjustments Appropriation: hearing
11 Nov 2014
The Department of Tourism took the Standing Committee through its expenditure performance for its various programmes as at 30 September 2014. It explained that the government limit of 8% for virements was exceeded with the shifting of R6.5 million from the programme of International Tourism which has rather a small ...
Standing Committee on Appropriations
2014 Medium Term Budget Policy Statement: hearings with NUMSA, Equal Education and Public Service Accountability Monitor
5 Nov 2014
The briefing by NUMSA stated that MTBPS priorities were not in line with the main problems in the country. Negative real growth meant that expenditures did not keep up with inflation. Declined Gross Domestic Product (GDP) growth coupled with lower real expenditure growth meant that it was not a counter ...
Standing Committee on Appropriations
2014 Medium Term Budget Policy Statement: Financial and Fiscal Commission & Parliamentary Budget Office briefings
29 Oct 2014
The Joint Meeting of the Standing and Select Committees on Appropriations heard briefings from the Financial and Fiscal Commission and the Parliamentary Budget Office on the Medium Term Budget Policy Statement (MTBPS) 2014.
The Financial and Fiscal Commission gave an overall assessment of the MTBPS. It covered the consolidated fiscal ...
Standing Committee on Appropriations
2014 Medium Term Budget Policy Statement: briefing by Human Sciences Research Council (HSRC)
28 Oct 2014
The Human Sciences Research Council presented a number of briefings on significant areas, with regard to the MTBPS.
The general context was that of slowed economic growth; a weak global economy; high government debt, and a large budget deficit. The current approach was prudent and restrained, with a commitment ...
Standing Committee on Appropriations
2014 Adjustment Appropriations Bill; Division of Revenue Amendment Bill: briefing
24 Oct 2014
National Treasury presented the 2014 Adjustment Appropriations Bill. Section 30(2) of the Public Finance Management Ac states that the adjustments budget may provide for significant and unforeseeable economic and financial events affecting the fiscal targets and other unforeseeable circumstances. Adjustments were made to accommodate those government departments that were reconfigured ...