Скачать презентацию National Treasury Strategic Plan 2006 07 2008 09 Presentation Скачать презентацию National Treasury Strategic Plan 2006 07 2008 09 Presentation

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National Treasury Strategic Plan 2006/07 – 2008/09 Presentation to Portfolio Committee on Finance 23 National Treasury Strategic Plan 2006/07 – 2008/09 Presentation to Portfolio Committee on Finance 23 May 2006

Overview of presentation • • Budgeting and accountability cycle Planning and budgeting cycle of Overview of presentation • • Budgeting and accountability cycle Planning and budgeting cycle of NT Aim and strategic objectives Preliminary outcome for 2005/06 Key policy priorities for 2006/07 – 2008/09 Resources that support policy priorities Critical revisions to 2005 – 2008 plan – Programme objectives – Outputs – Revised targets • How objectives will be achieved – Personnel strategy

Budgeting and Accountability Cycle • Purpose today is to seek approval from PCOF for Budgeting and Accountability Cycle • Purpose today is to seek approval from PCOF for current 2006/07 budget and two outer years (2007/08 & 2008/09) • Annual report in Oct will report on past financial year 2005/06 – Note that ENE and strategic plan finalised in Feb 2006 with Budget, 10 months into past 2005/06 financial year • 2006 MTEF based on baseline from 2005 MTEF – Focus on additional allocations to 2005 baseline for 2006/07 – Focus on changes to measurable objectives compared to 2005 strategic plan • Preliminary assessment of 2005/06 financial year – Focus on projects that carry-over to 2006/07

Planning and budgeting cycle May 06 National Treasury table revised medium-term plan Feb 06 Planning and budgeting cycle May 06 National Treasury table revised medium-term plan Feb 06 2006 MTEF Budget tabled Jan 06 NT plan revised and ENE chapter finalised November Cabinet approves framework for 2006 Budget April - Aug May 05 Developed budget proposals for 2006 MTEF 05/06 – 07/08 NT strategic plan tabled

Aim and strategic objectives Promote economic development, good governance, social progress and rising living Aim and strategic objectives Promote economic development, good governance, social progress and rising living standards through the accountable, economical, equitable and sustainable management of public finances • Advance economic growth and income redistribution • Prepare a sound and sustainable national Budget and equitable division of resources • Strive to equitably and efficiently raise fiscal revenue, while enhancing efficiency and competitiveness of the SA economy • Sound management of Government’s financial assets and liabilities • Promote transparency and enforce effective financial management

Preliminary Outcome for 2005/06 • Annual Report will provide final report, including audited financial Preliminary Outcome for 2005/06 • Annual Report will provide final report, including audited financial statements • NT spent R 13, 1 bn out of R 14, 2 bn adjusted budget • R 1, 1 bn not spent or transferred – R 841, 6 mil not transferred to provinces/municipalities for failing to adhere to conditions for grants – R 69, 6 mil saved on medical expenditure of retirees – Non-transfer of R 122, 3 mil to ADB, CMA and APEX • Core NT budget in 2005/06 is R 9, 8 bn, of which 9, 6 bn spent

Key policy priorities for 2006/07 – 2008/09 • Accelerate economic growth in line with Key policy priorities for 2006/07 – 2008/09 • Accelerate economic growth in line with ASGI-SA • Improve monitoring and coordination of capital projects (infrastructure) – ensure efficiency and quality of spending • Reinforce budget reform and financial management at the local level, and increase local government budgets in support of critical services • Modernise financial management system (IFMS) • Achieve accountability through effective management iro REAL • Host the G 20 secretariat in 2007 calendar year

Resources that support key priorities Total allocation R’ million (add. resources - 2006) 2006/07 Resources that support key priorities Total allocation R’ million (add. resources - 2006) 2006/07 2007/08 2008/09 IDIP R 30, 5 G 20 secretariat R 2 R 10 R 1 IFMS R 250 (R 200 ) R 398 (R 350 ) R 483 (R 420) Provincial infrastructure R 4, 118 R 5, 234 R 5, 696 Neighborhood Development Partnership Grant R 50 R 950 R 1, 500 New budget R 10, 4 bn in 2006/07, R 10, 9 bn in 2007/08, and R 11, 4 bn in 2008/09

Accelerating Growth in SA • Key role for NT is to provide economic analysis Accelerating Growth in SA • Key role for NT is to provide economic analysis and modelling support for ASGI-SA – Assessing model for internal consistency – Major boost to improve research capacity of SA institutions through link with international economists • Key role in developing growth diagnostic and identifying key binding constraints • NT to re-organise EPIFR division to focus more on growth, employment and macroeconomic stability

Infrastructure Development Programme (IDIP) Recent achievements Medium-term plans • 13 Technical Experts employed to Infrastructure Development Programme (IDIP) Recent achievements Medium-term plans • 13 Technical Experts employed to assist with infrastructure delivery • Spending on CAPEX increased by 24% • Underspending reduced to 16% of a bigger budget • Continue support in education • Extend technical support to: – Public Works in 2006/07 – Prepare for extension to health in 2007 • Deepen improved infrastructure planning and management

Integrated Financial Management System Recent achievements Medium-term plans • Systems Master Plan, prospectus and Integrated Financial Management System Recent achievements Medium-term plans • Systems Master Plan, prospectus and User Requirement Statements completed • Alignment of current systems to IFMS • Positioning of SITA for Prime Systems Integrator role • Phase II: Acquiring infrastructure for IFMS applications – Hardware – Software – Commercial operating offthe-shelf system packages • Phase III: Full implementation over 5 year period

Achieve accountability through effective management iro REAL Recent achievements Medium-term plans • CFS published Achieve accountability through effective management iro REAL Recent achievements Medium-term plans • CFS published on time for first time • Asset management guide rolled out in all departments • Internal audit assessments for all departments • Risk assessments done in Northern Cape • Enacted Auditing Profession Act • Implementation of new GRAP standards • Implementing monthly management accounts • Increasing support to all stake-holders iro accounting, risk management and internal auditing.

Critical revisions to outputs and targets Critical revisions to outputs and targets

Revisions to 2005 – 2008 plan: Administration MO: Provide strategic management and administrative support Revisions to 2005 – 2008 plan: Administration MO: Provide strategic management and administrative support to the National Treasury, giving managerial leadership to the work of the Department. . Output: 2008/09 target: Full unit capacity achieved Establishment of an internal audit unit Output: Facilitate the New 2006/07 target: Organisational development of a framework developed and implemented strategic leadership capability

Revisions to 2005 – 2008 plan: Budget Office and Public Finance MO: Promote growth, Revisions to 2005 – 2008 plan: Budget Office and Public Finance MO: Promote growth, social development and poverty reduction through sound economic, fiscal and financial policies, efficient revenue measures and the effective, efficient and appropriate allocation of public funds New output for Budget 2006/07 target: Policy Office: Central registry of and legislative listed government agencies, amendments approved public entities and business enterprises, and oversight framework 2007/08 – 2008/09 target: Implementation of policy and legislation Output for Public Finance: Expenditure analysis New 2006/07 - 2007/08 target: IJS sectoral expenditure review undertaken. New 2006/07 target: Monitoring plan for social assistance conditional grants phased in. New output for Public Finance: Financial management support 2006/07 – 2008/09 target: Specific areas: • Revenue administration in Justice • Fin management and HANIS implementation in DHA • Est. property agency in Foreign Affairs

Revisions to 2005 – 2008 plan: Intergovernmental Fiscal Relations MO: Promote growth, social development Revisions to 2005 – 2008 plan: Intergovernmental Fiscal Relations MO: Promote growth, social development and poverty reduction through sound economic, fiscal and financial policies, efficient revenue measures and the effective, efficient and appropriate allocation of public funds Output for IGR: Improve infrastructure delivery in provinces New 2006/07 – 2007/08 target: Nine TA teams assigned to 18 provincial departments each year New output for IGR: Reporting and monitoring system (provincial infrastructure) 2006/07 – 2008/09 target: Quarterly report for provincial and local sphere. New output for IGR: Provincial public entities review 2006/07 – 2008/09 target: Database in 9 provinces, quarterly report published

Revised targets: Economic Policy MO: Promote growth, employment and macroeconomic stability through research and Revised targets: Economic Policy MO: Promote growth, employment and macroeconomic stability through research and modelling of the economy New output for Economic Policy: Research on growth 2006/07 target: Research support for Cabinet Makgotla 2007/08 – 2008/09 target: Research and policy outputs for key economic sectors New output for Economic Policy: Microeconomic analysis 2006/07 – 2008/09 target: Institutional structure for microeconomic assessments established and functional

Revised targets: Tax and Financial Sector MO: Promote growth, employment and macro stability, through Revised targets: Tax and Financial Sector MO: Promote growth, employment and macro stability, through sound tax and financial sector policies and regional integration Output for financial sector policy: Financial sector policy advice, legislation and regulations New 2007/08 and 2008/09 target: Submit new draft of Dedicated Banks Bill in 2007/08, and Co-operative Banks Bill in 2008/09 Output for tax policy: Tax policy analysis and advice New target for 2006/07: : Discussion papers on synfuel and environmental taxes New output for International Financial Relations: International Relations and financial integration 2006/7 – 2008/09 target: Greater integration in SACU and SADC Preparations and chairing of G 20 in 2007

Revised targets: Assets and Liability Management MO: Manage government’s financial asset and liability portfolio Revised targets: Assets and Liability Management MO: Manage government’s financial asset and liability portfolio in a way that ensures prudent cash management, asset restructuring, financial management and optimal management of domestic and foreign debt. Output: Revised 2006/07 Reduce debt service target: costs 3 per cent of GDP Revised 2007/08 target: 2, 8 per cent of GDP Output: Coordination of intergovernmental cash New 2006/07 – 2008/09 target: Saving of 2 per cent on borrowing costs Output: Fully automated and integrated treasury management systems New 2006/07 target: Acquisition and configuration of debt and investment management system 2008/09 target: 2, 7 per cent of GDP New 2007/08 – 2008/09 target: Implementation of debt and investment management system Implementation of DFI review, and financial modeling of appropriate dividend policies for GBE’s delayed by 1 year

Revised targets: Financial Accounting and Reporting Measurable objectives: Achieve accountability to the general public Revised targets: Financial Accounting and Reporting Measurable objectives: Achieve accountability to the general public and the international community by promoting transparency and effective management in respect of revenue, expenditure, assets and liabilities in public sector Output: Implement specimen formats for consolidated annual financial statements New 06/07 target: 31 May 06 for 05/06 28 Feb 07 for 06/07 New output: Implementation of reporting framework 2006/07 – 2008/09 target: Departments: Jan – Feb 07 for 07. 08 Municipalities: May - June 07 for 07/08 New output: Enhance service delivery capability of audit committees and internal auditors 2006/07 – 2008/09 target: Nine provincial training sessions and workshops per year. Annual IA conference New 07/08 – 08/09 target: 1 April 07 for 07/08 1 April 08 for 08/09

How objectives will be achieved • Correct policy decisions, smart planning, disciplined implementation and How objectives will be achieved • Correct policy decisions, smart planning, disciplined implementation and hard work • Filling of vacancies with best qualified, experienced and skilled staff • Improve internal and external coordination and information flow • Increasing support to departments • Continued professional development of all staff

Personnel plan • Total vacancies decreased from 299 to 152 between 31 March 2005 Personnel plan • Total vacancies decreased from 299 to 152 between 31 March 2005 and 31 March 2006 • Reason for reduction: – Abolishment of non-budgeted positions – Appointed employees additional to the establishment against funded vacancies – Appointed interns into funded vacancies – Reserved positions for Leadership Talent Pool – Tight project management in the filling of positions • Plan to recruit 140 new employees during 2006/07

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