An Inclusive, Global Competitive Economy
Drive economic growth that creates decent employment and promote sustainable
development through partnership.
The core function and responsibilities of the Department is to develop policies aimed
at growing the economy to create jobs in the Province and can be summarized as
Stimulate economic growth in the province by facilitating support and development
of business enterprises, promote economic transformation, and provide strategic
economic development support to municipalities
Support the development of industry within the key economic sectors of the
province and create a conducive environment for trade and investment. By ensuring
growth in exports and direct investment, facilitate the implementation of economic
infrastructure projects and the development of competitive growth sectors in the Province
Regulate the Liquor and Gambling Industry and to create enabling legislative
environment for Business to operate as well as the facilitation of fair trade and effective
Provision of economic policy direction and strategies in addition to conducting
research on the provincial economy to inform strategy development by providing
information on the economy in order to enable better decision making, monitoring and
evaluating the impact of provincial policy and departmental programmes designed for
sustained economic development.
Ensure tourism sector policy development, regulation and compliance and
promotion of sector transformation in the province
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 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:
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