To provide strategic leadership in financial and fiscal matters to ensure sustainable and nclusive social and economic development of the people ofGauteng so that all may enjoy value for money services of the highest quality.
We are an activist Treasurt that enables and promotes quality service delivery for the ciizens of Gauteng through:
Sustainable financing and funding that ebsures developmentally focused allocation of resources an dinnovative revenue generation;
Efficient cash management that ensure sustainable liquidity levels in the province;
Effective financial management and reporting that ensures responsible stewardship and transparent resource utilisation and expediture;and
A well-structured governance framework that ensures accountability,transparency and fiscal discipline in line with statutory obligations.
The functions of the Gauteng Provincial TReasury (GPT) are described in the Public Finance Management Act (PFMA,1999) and the Municipal Finance Management Act (MFMA,2003).These canbe summarised as follows:
To manage the budget allocation for the Gauteng Provincial Government;
To ensure the instilling of fiscal discipline and corporate governance in the province;
to ensure the effective and efficient utilisation of resources-value for oney and compliance with all relevant legislation;
To develop,implement and monitor compliance withcorporate governance norms and standards realing to provincial and local government;and
To ensure adequate financial accountability.
The Estimates of Provincial Revenue and Expenditure (EPRE) sets out the detailed spending plans of each government department for the coming year.
National Treasury, departments and commitees are busy with different things depending on the time of year:
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