Page 644 - Provincial Treasury Estimates.pdf

Vote 12

Department: Provincial Treasury

Table 1: Summary of departmental allocation

To be appropriated by Vote in 2023/24 R454 989 000

Responsible MEC MEC for Finance
Administrating Department Provincial Treasury
Accounting Officer Head of Provincial Treasury

1. 1. Overview

1.1. Vision

A prosperous province supported by sound financial, governance and resource management.

1.2. Mission

To provide strategic and technical leadership in the allocation, management and utilisation of financial

resources for socio-economic development in the province.

1.3. Core functions and responsibilities

The oversight role of the department requires it to ensure the stability and soundness of the financial

system and financial services, coordinate intergovernmental financial and fiscal relations, manage the
budget preparation process and enforce transparency and effective management in respect of revenue
and expenditure, assets and liabilities, public entities and constitutional institutions.

1.4. Main Services

x Preparation of the provincial budget;

x Exercising control over the implementation of the provincial budget;
x Promoting and enforce transparency and effective management in respect of revenue,

expenditure, assets and liabilities of provincial departments and provincial public entities;
x Ensuring that its fiscal policies do not materially and unreasonably prejudice national economic

policies;

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