National Treasury: Related Links

Asset and Liability Management division manages government's asset and liability portfolio in order to ensure prudent cash management, asset restructuring, financial management and optimal management of government's domestic and foreign debt portfolio.

Coordinates the national budgeting process. This includes coordinating the allocation of resources to meet the political priorities set by government. While the standard of documentation produced with the budget is already impressive, the Budget Office constantly strives to improve the quality, usability and coverage of the publications produced. The division also provides fiscal policy advice, oversees expenditure planning and the national budget process, leads the budget reform programme, coordinates international technical assistance and donor finance, supports public-private partnerships (PPPs) and compiles public finance statistics.

The Corporate Services division is responsible for the department's governance framework, and aims to create a productive and creative working environment that enhances effectiveness.

The Economic Policy division plays a central role in formulating and coordinating appropriate growth-enhancing policies that strengthen employment creation. The key responsibility of the Economic Policy division is to provide policy advice on macroeconomic developments, international economic developments and microeconomic issues. The division does this through policy analysis, scenario testing and the production of macroeconomic forecasts, in particular on growth, the external account and inflation. The forecasts inform economic policy, the fiscal framework, tax forecasts and debt management strategy.

The division comprise of the following units: The Tax Policy unit is responsible for advising the Minister of Finance on tax policy issues that arise in all three spheres of government.

The Financial Sector Policy unit is responsible for the design and legislative framework of the financial sector as a whole, and works closely with regulatory agencies such as the Financial Services Board, Banking Supervision and Exchange Control (now to be called Financial Surveillance) departments of the Reserve Bank, and the Financial Intelligence Centre. The unit is responsible for liaison between the National Treasury and the Reserve Bank on matters related to bank supervision, financial stability and the national payments system.

The International Economics unit comprises two chief directorates, International Finance and Development and Africa Economic Policy. South Africa aims to promote reform of the IMF and the World Bank. Policy is focused on exploring ways to reduce global f

This division is responsible for coordinating fiscal relations between national, provincial and local government as well as promoting sound provincial and municipal financial planning, reporting and management

Public Finance is primarily responsible for assessing budget proposals and reviewing service delivery trends in national government departments and their entities. The division also manages the National Treasury's relations with other national departments, provides budgetary support to departments, and advises the Minister and the National Treasury on departmental and government cluster matters

Supply Chain Management regulates and oversees public-sector supply chain management and standardises the financial systems of national and provincial government, while coordinating the implementation of the Public Finance Management Act (PFMA) (1999).
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Finance

Established in 2009, the Gauteng Department of Finance incorporates the Gauteng Treasury, the Gauteng Shared Service Centre, the Gauteng Partnership Fund and the Gauteng Fund Project Office. The department works to balance the allocation of financial and other resources to areas that support inclusive economic growth and job creation, and enhanced social service delivery. It ensures that resources allocated to departments are used effectively to help create jobs, grow the economy, improve healthcare, stimulate rural development and food security, fight crime and corruption, build cohesive and sustainable communities and strengthen the developmental state and good governance.