A radically transformed, modernised and re-industrialised economy in Gauteng, manifesting decent work, economic
inclusion and equity.
The mission of the Department of Economic Development in quest of its vision is to:
• Ensure radical transformation, modernisation and re-industrialisation of the Gauteng economy;
• Provide an enabling policy and legislative environment for equitable economic growth and development;
• Develop and implement programmes and projects that will:
• Revitalise Gauteng’s township economies;
• Build new smart, green, knowledge-based economy and industries;
• Ensure decent employment and inclusion in key economic sectors;
• Facilitate radical economic transformation, modernisation and re-industrialisation;
• Include the marginalised sectors of women, youth and persons with disabilities in mainstream economic activities;
• Establish appropriate partnerships for delivery and ensure the DED effectively delivers on its mandate
The key cross-cutting principles and outcomes that will underpin the programmes and projects of all the three objectives
• Promoting smart and green industrial and socio-economic development;
• Creating decent work and reducing levels of unemployment;
• Contributing to an increase in Gross Domestic Product (GDP);
• Making the economy inclusive (reversing monopoly capital’s domination);
• Applying smart and green technology and processes;
• Mainstreaming the participation of the marginalised sectors of women, youth and persons with disabilities;
• Developing an appropriately skilled labour force and private sector (SMME’s, co-operatives and emerging businesses) to
meet and grow the economy and work in the key sectors; and
• Ensuring environmental sustainability.
The Estimates of Provincial Revenue and Expenditure (EPRE) is a book published along with the tabling of the budget for the new financial year.
A department's programmes are the activities that it spends money on during the financial year. Different programmes have different expenditure budgets, depending on their requirements and available finances. More detail on the programmes is available in the department's Estimates of Provincial Expenditure documents.
Each chart shows the budgeted spending by each sub-programme of that programme.
Each chart shows the budgeted spending by economic classification under that Programme.
Each chart shows the budgeted spending of each Programme under that Economic Classification.
The Adjusted Estimates of Provincial Revenue and Expenditure (AEPRE) is a book published along with the tabling of the adjusted budget.
Budgeted and actual expenditure/allocations for a department can increase or decrease from year to year. Changes in expenditure for a department can be because of changes in the activities of the department, because of changes in priorities between departments, because of cost efficiencies or because of increases in the price of goods and services due to inflation.
The chart shows the department’s actual expenditure for past years, and budgeted expenditure for the current year and the upcoming three years of the medium-term expenditure framework (MTEF). By adjusting these numbers to take inflation into account, it is possible to determine if a department’s expenditure is really increasing or decreasing in real terms, as compared to the rest of the economy.
Previous financial years indicate actual expenditure while upcoming financial years indicate estimated expenditure:
National Treasury, departments and commitees are busy with different things depending on the time of year:
Interested in finding out how the South African budget process works? Learn about the budget process, how it relates to our constitution and the role that it plays in a modern d...
The South African Constitution has several provisions that support people’s participation in areas of democratic governance. One such area of participation is in the allocation ...