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Divisions
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Asset and Liability Management |
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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.
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Budget office |
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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. |
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Corporate Services |
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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. |
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Economic Policy and International Financial Relations |
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The division focuses on economic policy analysis and advisory services in the areas of macroeconomics, microeconomics, regulatory reform, tax policy, financial and banking sector policy, and regional integration and international financial relations. The division also coordinates its activities with the Reserve Bank on the supervision and regulation of banking and exchange control, the Financial Services Board in relation to non-banking financial services, and the Financial Intelligence Centre in relation to anti-money-laundering measures and combating the financing of terrorism. |
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Intergovernmental Relations |
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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 |
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Office of the Accountant General |
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The division seeks to achieve accountability to the general public by promoting transparency and effectiveness in the delivery of services. It sets new government accounting policies and practices, and improves on existing ones, to ensure compliance with the standards of Generally Recognised Accounting Practice. It also focuses on the preparation of consolidated financial statements and an improvement in the timeliness, accuracy and efficiency of financial reporting.
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Public Finance |
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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. |
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Specialist Functions |
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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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