Good financial governance.
To improve governance through:
Enhancing accountability and oversight;
Creating public value;
Enabling delivery of quality services through partnerships; and
Capacity building in public sector finance.
The core functions, powers and responsibilities of the Provincial Treasury are captured in section 18 of the PFMA and section 5 of the MFMA. To give effect to the National Strategic Outcomes (NSO) 9 and 12 and Provincial Strategic Goal 5 (PSG 5): Embed good governance and integrated service delivery through partnerships and spatial alignment, the branches Fiscal and Economic Services and Governance and Asset Management will execute the following core functions and responsibilities:
To manage the provincial and municipal fiscal resources effectively;
To facilitate the effective and efficient management of assets and financial systems; and
To promote accountability in financial activities and compliance with financial norms and standards.
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: