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APROPRIATION PER PROGRAMME

P ublic Hearings on the Financial and Fiscal Commission (FFC) Recommendations on the Division of Revenue 2011/12 Date: 18 August 2010 Time: 17h00 Venue: To be confirmed Parliament, Cape Town. APROPRIATION PER PROGRAMME. THE GLOBAL ECONOMIC CRISIS.

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APROPRIATION PER PROGRAMME

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  1. Public Hearings on the Financial and Fiscal Commission (FFC) Recommendations on the Division of Revenue 2011/12 Date: 18 August 2010 Time: 17h00 Venue: To be confirmed Parliament, Cape Town

  2. APROPRIATION PER PROGRAMME

  3. THE GLOBAL ECONOMIC CRISIS • Our understanding of economic crisis is reflected by inadequacy of the budget that we receive vs. the requests. • To this end we had to reprioritise our budget from other programmer within the department. • In terms of coping with vulnerable groups it put us under pressure in executing our mandate as Land Reform.

  4. Options for social assistance Reform • The Depart agree that the overall amount of social assistance expenditure must be protected and prioritised in alleviation of poverty. • However we must improve on better controls to ensure that only deserving individuals benefits from such reforms.

  5. Effective , efficient and transparent Intergovernmental Fiscal Systems • The Depart agree to the reform of the revenue raising component • The monitoring would be much easier if the financial year end of the administrative department is the same with that of the municipalities.

  6. Intergovernmental fiscal issues in urban Public Transport • For efficient and effective public transport system we agree with the recommendation, this will go a long away in alleviating traffic congestion , • It will further reduce the ever increasing road accident fund bill. • It will also be much be appreciated if similar initiatives can be extended to rural areas.

  7. Conclusion • There is a need to increase fiscal allocation to Agriculture to 10% • so that the sector can achieve the • 6% annual Growth as decided in the 2003 Maputo Declaration.

  8. THANK YOU

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