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BUDGET PRESENTATION March 2003 Dr Alistair Ruiters Director-General

BUDGET PRESENTATION March 2003 Dr Alistair Ruiters Director-General. The South African Economy Assumptions underlying the MTSF. South Africa has an open economy - international economic strategy is critical 

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BUDGET PRESENTATION March 2003 Dr Alistair Ruiters Director-General

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  1. BUDGET PRESENTATION March 2003 Dr Alistair Ruiters Director-General

  2. The South African EconomyAssumptions underlying the MTSF • South Africa has an open economy - international economic strategy is critical  • South Africa’s growth and development is intertwined with Africa’s growth and development   • The state has an activist role in ensuring that economic growth and development benefits all South Africans  • The linkage between economic growth and greater levels of employment and equity are not automatic - the state must develop and strengthen these linkages  • The state can leverage greater outcomes and impact through partnerships with other economic actors

  3. The South African EconomyAssumptions underlying the MTSF • The manufacturing sector can leverage economic growth and development across the economy  • South Africa must grow the size of the market for its products and services  - domestic, regional, global • Fair, competitive, and efficient markets are critical in providing a conducive environment for economic growth and development  • Raising investment levels in the economy is the primary driver of economic growth • The South African economy is dualistic in nature

  4. the dti’s Strategic Goals • Accelerate economic growth • Create new employment opportunities • Reduce economic inequalities

  5. Key Performance Areas • Increase in economic output • Increase in employment • Increase in the contribution of small enterprises to GDP • Progress in achieving broad-based BEE, with emphasis on black women • More equitable geographic spread of economic activities • Increase in direct investment, with emphasis on investment in priority sectors • Increase in the value and volume of exports, with emphasis on priority sectors • Increase in investment in the drivers of South Africa’s future competitiveness - skills, technology and infrastructure

  6. Implementing the StrategyTypes of dti offerings • Policy • Legislation and regulation • Finance • Procurement • Information • Partnerships

  7. the dti House Enterprise and Industry Development Division Trade and Investment South Africa Executive Management Unit External Relations & Policy Co-ordination Unit International Trade Development Division Marketing Division The Enterprise Organisation Consumer and Corporate Regulation Division Group Systems and Support Services Division

  8. Key Performance Areas Implementation strategy Offerings, Projects and Programmes Vision 2014 Resources • Increased Output • Increased Investment • Increased Jobs • Increased BEE • Increased WE • Increased geographic spread • Increased competitiveness Growth Employment Equity IMPACT OUTCOMES OUTPUTS PROCESSES INPUTS Projects International Trade Development Policies Legislation and regulation Enterprise and Industry Development Leadership, Policy Coherence and Certainty R2.6bn Finance Consumer and Corporate Regulation Institutional alignment SWEEEP PPPs Procurement Organisational efficiency and efficacy 1013 posts The Enterprise Organisation Information Executive Management External Relations and Policy Coordination Partnerships Trade and Investment SA Groups Systems and Support Services Marketing The dti Strategy

  9. Increased efficiencyImprovement in the alignment of budgeting,planning and implementation

  10. Allocation of funds per programmeIncluding transfer payments

  11. The 3 year outreach in support of strategy

  12. Highlights of the 2003/04 budget • Allocation of R44m to operationalise ITAC • Continued support for Proudly SA - R4m • New contribution for Co-operatives development - R3,5m per year for the next 3 years • NAMAC - increase of R62m (344%) for BRAIN and MAC roll-out programme • Continued support for SAWEN - R2m • Allocation of R6m for TWIB • CIPRO - additional R9m to support trading entity until self-sustaining

  13. Highlights of the 2003/04 budget • Additional R5m to Khula to ensure business development • IDZ - increase of R86m (72%) to a total of R205m for projects including John Ross, Coega, JHB Int Airport • Reduction in SDI’s as Provincial Governments become main drivers of the process • TISA S21 integration into the dti • EMIA increase of R5m from R135m to R140m for exporter assistance • Enterprise development increased by R25m to R256m

  14. Highlights of the 2003/04 budget • MDP incentives reduced by R60m as part of phasing out of old scheme • Competitiveness Fund increased by R15m in support of IMS • Contribution of R9m to MFRC to regularise the micro finance industry • Allocation of R49m for marketing, awareness and customer care • Allocation of R30m for the dti 1-stop campus and ICT PPP

  15. thank you for your continued support

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