OBJECTIVE 3: PROMOTE SOUND PUBLIC FINANCIAL MANAGEMENT
Expected output
Required Action
as specified in
PoA
Time frame
Progress
Greater
efficiency and
effectiveness in
public expenditure
management and
monitoring
Enhance
Parliament
and legislature
oversight over the
executive, stateowned enterprises,
parastatals and
quasi-state-owned
enterprises
2009
The Money Bills Amendment
Procedure and Related
Matters Act, Act 9 of 2009
was gazette in April 2009. The
Act establishes Appropriation
Committees and Finance
Committees in both Houses of
Parliament.
Remarks
The Finance Committees in
both Houses of Parliament
have the responsibility to
consider and report on the
following: the national macroeconomic and fiscal policy;
amendments to the fiscal
framework, revised fiscal
framework and revenue
proposals and Bills; actual
revenue published by the
National Treasury, and any
other related matters set out in
the Act
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