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2018 19 Annual Report

2018/19 Annual Report

The Annual Report is presented in terms of the provisions of Section 222 of the Constitution 1996, sections 40 and 65 of the Public Finance Management Act, 1999 (Act No. 1 of 1999) (PFMA) (as amended) and section 26 of the Financial and Fiscal Commission Act, 1997 (Act No. 99 of 1997) (as amended). During the year under review the Commission fulfilled its mandate as a constitutional body in promoting a sustainable and equitable intergovernmental fiscal relations system. The Commission ensured timeous delivery of its constitutional and legislative submissions through tabling in parliament: Division of Revenue; Response to the Medium Term Budget Policy Statement (MTBPS); Response to the Division of Revenue Bill(DoRB); Appropriation Bill; and Response to the Fiscal Framework and Revenue Proposals.

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“For an Equitable Sharing of National Revenue"

 


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