Gauteng Provincial Treasury

Gauteng Department Budget for 2017-18

Vision

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.

Mission

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.

Corefunctions

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.

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