|North West & Mpumalanga Provincial Treasuries|
|Overall project value (EUR)|
|€ 361 623|
|Origin of funding|
|Proportion carried out by legal entity|
|PWC South Africa, UCT, DPRU, Indyebo|
|Number of staff provided|
Detailed description of project Back
The South African Government commenced with major financial management reforms including the MTEF framework in 1998, other budget reforms aimed at advancing and promoting growth and development and reforms governing public financial management. The main initiatives included a/o the adoption of the Public Finance Management Act (PFMA) in 2000 and the Municipal Finance Management Act (MFMA) in 2004.
The key objective of the PFMA and MFMA is to ‘modernise’ and capacitate local government. The reforms introduced by the PFMA and MFMA are the cornerstone of the broader reform package for national, provincial and local government and it has four interrelated components: planning and budgeting, revenue and expenditure management, reporting and oversight. Over the past 10 years the National Treasury provides a comprehensive programme of financial, advisory and technical support to all national, provincial and local government authorities towards implementation of the reforms in the PFMA and MFMA.
Provinces have varied levels of capacity and Mpumalanga and North West province have been identified as two of the provinces that can do with additional support, based on skills gaps within the treasuries, expenditure outcomes and quality of budget documentation.
The overall objectives of this intervention will be:
Type of services provided
Each Provincial Treasury is supported by a senior public finance management specialist. Core services include: