2016/17 Annual Report
The Annual Report is presented in terms of the provisions of section 220 of the Constitution, 1996, section 40 and 65 of the Public Finance Management Act, 1999 and section 26 of the Financial and Fiscal Commission Act, 1997 (as amended). The financial year 2016/17 has seen numerous successes for the Financial and Fiscal Commission as a source of high-quality expert and independent advice for equitable sharing of nationally raised revenue, in building capacity among legislators, and in consolidating its role as foremost constitutional body in promoting a sustainable and equitable intergovernmental fiscal relations system. Our annual constitutional and legislative Submissions: Division of Revenue; Response to the Medium Term Budget Policy Statement; Response to the Division of Revenue Bill; Appropriations Bill; Response to the Fiscal Frameworks and Revenue Proposals were delivered in line with our 2016/17 Annual Performance Plans.
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