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2013 Annual Report

2012/13 Annual Report

South Africa is still suffering from the prolonged aftermath of the 2008 global economic crisis. The crisis has been fuelled by the Eurozone crises, a slowdown in emerging markets and the fallout of US quantitative easing. All of this has been compounded by internal domestic shocks and happens at a time when fiscal space has been eroded and fiscal consolidation is likely to be the order of the day at least over the medium term given South Africa’s debt situation. There are increased pressures for higher quality service delivery in education and health at provincial level and for basic services from local government; there are huge variations in poverty and in the fiscal and institutional capacity subnational government; there are compelling equity dimensions for the realisation of socio economic rights; there is a need for the intergovernmental system to create incentives for performance and economic growth to fulfil the aspirations of the National Development Plan (NDP). All of this requires a decisive response from the intergovernmental system. It is in that context that the Commission continued to operate and to make its contribution in the 2012/2013 Financial Year. 

 

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Research & Recommendations

FFC-Local-Government

The Financial and Fiscal Commission’s Research and Recommendations Program was created by the Financial and Fiscal Commission after its appointment in August 1994. Its work is guided by the Five Year Research Strategy which sets out in broad terms how the stated 2008 vision of enhancing the developmental impact of public resources through the financial and fiscal system in South Africa will be attained. This implies the following outputs and outcomes from the Research and Recommendations Programme:

  1. Better policy advice and recommendations which are more responsive to emerging issues of development to Parliament, provincial legislatures and to organised local government through the development of new as well as tailored and sharpened concepts and methodologies that better capture the nature, extent, and depth of the Commission’s legislative mandate
  2. Enhanced capacity of researchers and practitioners in the modelling, measurement, analysis, and monitoring of the developmental impact of public resources;
  3. Wider dissemination and greater policy influence of supported initiatives; and
  4. Enhanced collaboration among researchers, experts, policymakers, and other stakeholders in achieving fiscal sustainability and related development agenda at the national and international level through joint research initiatives. The Research and Recommendations Programme is composed of five closely-linked constituent programmes:
  5. Data and Information Unit which provides and analyses research data and information, designs and pilots monitoring and evaluation systems and develops local development systems
  6. Macroeconomics and Public Finance Unit which uses economy-wide models and institutional analysis as a “laboratory” to identify and analyze the relationships between specific policies and public resources and shocks and their impacts on development. Issues of unemployment, poverty, fiscal sustainability, borrowing, interest rates and capital markets analysis are covered.
  7. Fiscal Policy Unit which deals with the revenues and expenditure policies of the government. It encompasses sector work on education, health, welfare services, housing, transport and infrastructure.
  8. Intergovernmental Fiscal Relations Unit which focuses on the area of function shifts, spending performance, intergovernmental fiscal relations, governance, vertical division, provincial fiscal framework and local government fiscal framework as well as the future of the South African Intergovernmental Fiscal Relations System.
  9. Budget Analysis Unit which deals with expenditure trends, revenue trends and performance monitoring and evaluation

 

The Research and Recommendations Program has built its reputation over the years on its popular seminars, its research, its publications and its focused stakeholder interactions. The Financial and Fiscal Commission’s flagship Annual Submission document that is informed by the research and stakeholder interactions done within the Research and Recommendations Programme is now in its fourteenth year of publication. Research also informs the Commission’s commentary on the Division of Revenue Bill and any legislation changes proposed. Members of the Research and Recommendations Programme contribute book chapters; publish regularly in peer reviewed international and local journals. Their work is also published in a variety of other platforms and media.

Name of Stakeholder

Relationship

PARLIAMENT

- National Assembly

- National Council of Provinces

Submit recommendations on financial and fiscal matters in general, and on the division of revenue nationally raised in particular

Comment and provide advisories on financial and fiscal matters

Annual Report

PROVINCIAL LEGISLATURES

Submit recommendations on financial and fiscal matters in general, and the division of revenue nationally raised in particular

Comment and provide advisories on financial and fiscal matters

Annual Report

ORGANISED LOCAL GOVERNMENT

Submit recommendations on financial and fiscal matters in general, and on the division of revenue nationally raised in particular

Comment and provide advisories on financial and fiscal matters

Annual Report

PRESIDENCY

Appointment of Commissioners

Comment and provide advisories on financial and fiscal matters

NATIONAL, PROVINCIAL & LOCAL GOVERNMENT EXECUTIVES

Consult with executive as per applicable legislation

Make recommendations to executive as per applicable legislation

Interact on financial and fiscal matters as per agreed protocols

Comment and provide advisories to executive on financial and fiscal matters

MINISTER OF FINANCE
NATIONAL TREASURY

Interact on division of revenue as per applicable legislation

Interact on financial and fiscal matters as per agreed protocols

Make recommendations as per applicable legislation

Request funding in terms of MTEF process

CHAPTER 9 INSTITUTIONS
CHAPTER 13 INSTITUTIONS

Cooperation

AUDITOR-GENERAL

Annual Audit

STATS SA

Source of Official Data

ACADEMIA
NGOS

Collaboration

Partnerships

CIVIL SOCIETY

Consultation on financial and fiscal matters

DONORS

Funding

Midrand Contact Details

Second Floor
Montrose Place, Waterfall Park
Bekker Street

Midrand

Tel: 011 207 2300
Fax: 011 207 2344

“For an Equitable Sharing of National Revenue"

 


info@ffc.co.za
0861 315 710

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Twelfth Floor
Constitution House
124 Adderley Street
Cape Town

Tel: 021 487 3781
Fax: 021 426 4935

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