Delivering Provincial Treasury’s R531,7 million budget before legislature, the MEC for Finance, Motlalepula Rosho told parliamentarians that given the constrained fiscal framework, her department will strictly monitor 2022/23 budgets allocated to departments to ensure efficient and effective spending in line with approved departmental plans.
“To absorb spending pressures and achieve value for money through the utilisation of scarce resources, the Provincial Treasury will continue to implement expenditure reviews aimed at evaluating the efficiency, effectiveness and performance of programmes so that we improve spending,” says MEC Rosho.
The department will furthermore assess, monitor and contain spending on compensation of employees given the ceiling limit on spending on compensation and encourage the reduction on the headcount of non-core programmes.
She said the state of governance at provincial public entities remains a cause for concern. The situation has broadly not improved in our entities and needs executive intervention as a matter of urgency.
To improve reporting, promote accountability and transparency, the department has introduced a new in-year reporting framework for public entities which provides financial and non-financial information.
The department will through the Office of the Provincial Accountant General, continue to provide financial management support to all Departments and Public Entities on accounting, audit, reviewing of financial statements and monitoring of the implementation of post audit action plans for improved audit outcomes.
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“Provincial government departments, public entities, and municipalities must examine and focus on key institutional drivers that can help improve public sector efficiency. The current economic climate forces government to limit spending growth, while factors such as rising health-care and social-grants costs add to budgetary pressures” she told legislature.
Issued by North West Provincial Treasury
For more information contact Ms. Kesalopa Gill on 079 548 6352 / 018 388 3584/ firstname.lastname@example.org