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2018/19 Technical Report

The main purpose of this Technical Report is to explore how improving the efficiency of intergovernmental fiscal relations (IGFR) can assist national government, provinces and municipalities to stimulate urban development through prioritising public investments and interventions. If managed properly, fiscal reforms for urban development can bring about greater inter-regional equity and potential economic growth. While the focus of the Submission is on urban areas, the debate should not be an either/or choice between urban and rural development, as both exist in parallel throughout South Africa.
The Commission is also interested in rural development as shown in previous submissions, as both rural and urban regions can contribute to national growth and poverty alleviation.  

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2015 2016 Annual Report

2015/16 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). During the period under review, the Financial and Fiscal Commission Amendment Act, 2015 was passed which finally alleviated the governance challenges that was prevalent at the Commission. The Commission is continuing to work hard to ensure the implementation of the Amendment Act.

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ANNUAL SUBMISSION 2015 2016 Thumb2015/16 Submission for the Division of Revenue

"Balancing Fiscal Sustainability with Socio-economic Impact”. The country faces more severe economic and fiscal challenges than most people realise, at a time of deep and widespread uncertainty over the world economy and its financial system that is unparalleled since the Great Depression. But even after the world economy once more finds its footing, South Africans cannot assume that strong economic growth will follow, especially given the poverty and inequality challenges facing the country. The government needs to have steady and dependable revenue growth in order to finance programmes over the long term. An expanding economy is the foundation for rising revenues. If the economy fails to grow quickly enough, South Africa’s revenues will fall short of the sums needed to support existing government programmes as well as the ambitious new programmes to which the NDP aspires. This will put pressure not only on government’s current initiatives to realise socio-economic rights in the medium term (such as National Health Insurance) but also on the more ambitious NDP aspirations of eradicating poverty and increasing income equalities by 2030. Hard trade-offs will have to be made to strike a balance between fiscal sustainability and protecting (and extending) the existing socio-economic gains.

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“For an Equitable Sharing of National Revenue"


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