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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: Public Service Commission briefing
4 Nov 2014
The briefing by the Public Service Commission (PSC) on the Medium Term Budget Policy Statement (MTBPS) focused on the 14 government departments that represented the five priorities of government: decent work and sustainable livelihoods; education; health; rural development, food security and land reform; and the fight against crime and corruption. ...
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 ...
Finance Standing Committee
2014 Medium Term Budget Policy Statement: briefing by Minister of Finance, with Deputy Minister in attendance
23 Oct 2014
The Minister remarked that the budget policy framework and spending priorities of government for the following three years was produced under trying and unenviable conditions. The Director General explained that the global outlook remained uneven, and that the South African current account and fiscal deficits caused the country to depend ...
Standing Committee on Appropriations
Status & effectiveness of student funding: DHET ; NSFAS, HESA, FFC, HSRC & Stats SA briefings
21 Oct 2014
The briefing by the Department of Higher Education indicated that NSFAS funding fell short of demand. Some universities spread smaller awards to a larger number of students, a practice called “top slicing”. The cost to family and state of higher education had escalated over the years. The cost of higher ...
Standing Committee on Appropriations
Committee Report on Financial and Fiscal Commission 20th Anniversary Conference
17 Sep 2014
Summary to follow