Page 658 - Provincial Treasury Estimates.pdf

Provincial Treasury
funds ring-fenced for the implementation of the proposed organisational structure and minor assets for ICT

related projects.

Transfers and Subsidies increased from R1.729 million in 2019/20 to a revised estimate of R3.059 million
in 2022/23 due to an increase in the number of officials exiting the department. In 2023/24, the budget

decreases by 41.9 per cent to R1.778 million due to an anticipated reduction in the number of officials
exiting the department.

Payments for Capital Assets increased from R4.528 million in 2019/20 to R8.715 million in 2022/23 due to
mobile communication solutions. In 2023/24, the budget increases by 56.4 per cent to R13.626 million due

to funds rescheduled for ICT related infrastructure.

8.2. Programme 2: Sustainable Resource Management

Programme Purpose: To promote fiscal prudence and allocative efficacy through budget preparations,
infrastructure budget planning, expenditure monitoring economic and fiscal policy analysis as well

management of financial assets and liabilities in the province.

The programme consists of four sub-programmes namely:

x Programme Support: provides strategic leadership in implementing strategies to ensure the
programme’s contribution in realising departmental objectives;

x Economic Analysis: determines and evaluates economic parameters and socio-economic

imperatives within a provincial and macro-economic context;

x Fiscal Policy: promotes optimal financial resource allocation and enables government to finance its

service delivery obligations, and also promotes sound planning, budgeting, financial management
and reporting in Public Entities;

x Budget Management: promotes effective optimal resource allocation; manages fiscal assets

optimises liquidity requirements and returns on financial investments and maximises the latter within
acceptable levels of risk.

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