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Finance Standing Committee
Processing of Medium Term Budget Policy Statement: input from National Treasury, FFC and Parliamentary Budget Office
16 Sep 2014
The Joint Meeting of the Standing and Select Committees on Finance and the Standing and Select Committees on Appropriations heard briefings from the Parliamentary Budget Office (PBO), the Financial and Fiscal Commission (FFC) and National Treasury.
The Parliamentary Budget Office (PBO) presentation covered the legislative mandate of the Medium Term ...
Standing Committee on Appropriations
Department of Health on 1st Quarter Performance; Department of Cooperative Governance on Municipal Infrastructure Grant, Community Work Programme & 1st Quarter Performance
10 Sep 2014
The Department of Health (DoH) briefed the Standing Committee and Members of the Health Portfolio Committee and the Chairperson on expenditure for the first quarter. The Committees were told that there was slow spending on the National Health Insurance (NHI) grant. Major contributors to underspending of conditional grants were the ...
Standing Committee on Appropriations
Department of Transport on 1st Quarter Expenditure Performance, with Deputy Minister
9 Sep 2014
The Select Committee on Appropriations was briefed by the Department of Transport (DOT) on its first quarter expenditure patterns for the 2014/15 financial year. Details were given of the expenditure, broken down by programme and by economic classification. The Department had a total budget for the year of R48.727 billion, ...
Standing Committee on Appropriations
Standing Committee on Appropriations Strategic Plan & Planning Session Report
27 Aug 2014
The Committee’s Content Advisor presented the Committee’s Draft Strategic Planning Document to Members. The gist of the presentation was to take the issues raised at the Committee’s planning session, and to turn them into activities for the Committee.
There were altogether four priority issues which were elaborated upon. The priority ...
Standing Committee on Appropriations
National Treasury First Quarter Expenditure Report for 2014/15
26 Aug 2014
The National Treasury briefed the Standing Committee on first quarter expenditure in the 2014/15 financial year. The highest level of underspending was in the Department of Cooperative Governance and Traditional Affairs. Underspending of R6.4 billion was due to underspending on the capital programme, on local government grants and the cleanup ...
Standing Committee on Appropriations
2015/16 Division of Revenue: Financial and Fiscal Commission briefing
19 Aug 2014
The Financial and Fiscal Commission (FFC) briefed the Committee on the 2015/16 division of revenue submission. The submission consisted of four parts: macroeconomic perspectives and fiscal frameworks for inclusive growth, improving investments in education and health, investment in infrastructure and the impact of demarcations on municipal finance.
In the first ...
Standing Committee on Appropriations
Appropriation Bill [B4-2014]: Committee Report
22 Jul 2014
The Committee met to consider for adoption the second draft of the Committee report on the 2014 Appropriation Bill. The Committee had read through and considered the content of the first draft on 15 July. However, there was considerable discussion about the content and procedure in the current meeting, as ...
Standing Committee on Appropriations
Committee Report on 2014 Appropriation Bill
16 Jul 2014
The Appropriations Standing Committee report on the 2014 Appropriation Bill was first presented by the Committee Content Adviser, and then read through by the Committee, for comments. The report set out the context of the Bill, and provided an overview of it and the hearings held with the National Treasury, ...
Standing Committee on Appropriations
Appropriation Bill: briefing by National Treasury
4 Jul 2014
The National Treasury gave a presentation on the 2014 Appropriation Bill. Fiscal policy was guided by counter-cyclicality, debt sustainability and intergenerational fairness. Payments for financial assets was the fastest declining area of expenditure. Payments for capital assets grew substantially. Compensation of employees growth declined strongly. Growth in transfers and subsidies ...
Standing Committee on Appropriations
Processing of budget votes, Committee Mandate: briefings by Researcher and Content Advisor
1 Jul 2014
The Committee Secretaries, Committee Content Advisor and Committee Researcher presented the Committee with an overview of the budgetary process and elaboration on the mandate of the Committee. The Budget was overarching and cut across all departments. The Committee could accept, reject or amend budgets. The main focus areas for the Committee ...
Standing Committee on Appropriations
Election of the Chairperson; Committee Programme
25 Jun 2014
Mr S Mashitile (ANC) was elected as Committee Chairperson. The main purpose of the committee was to monitor government departments’ expenditure. In so doing, it would assist in directing the expenditure towards specific priorities, and avoid wasteful expenditure. The draft programme was adopted. The programme covers briefings by stakeholders on ...