Page 39 - Parliament Budget Office Annual Report 2022-2023

Figure 1 PBO Annual Performance Information 2022/23 FY
12
7
5
21
9
16
Quarter 4
55
28 27
Grand Total
Performance variance
Annual Performance Information 2022/23 FY
12
88
66
0
Quarter 1
Quarter 2
Quarter 3
Quarterly Performance Targets
Actual Performance: aggregate
Apart from the current financial year performance, the Office performed consistently well over the years. The multi-year annual performance information depicts a cumulative total of 245 performance outputs were produced by the Office. The numeric performance information should not undercast the enriching qualitative impact of the technical work produced by the Office in support of Parliaments fiscal oversight processes.
The Office takes pride to have provided the quantitative and qualitative demand and supply driven technical outputs that empowered members of parliament to discharge their constitutional public finance oversight work over the Executive equipped with quality research, analysis, and advice. The Office continue to build on the strong multi-year performance to provide members of parliament in the medium term, with refined evidence-based advisory services that contribute toward Parliament’s role of building an accountable and responsive State.
The Parliamentary Budget Office is required to report on the activities of the Office as prescribed by subsection 15(11) of the Money Bills Amendment Procedure and Related Matters Act, no.09 of 2009.
1.1 Strategic Planning Framework
The Parliamentary budget Office derives its functional mandate directly from the Money Bills Amendment Procedure and Related Matters Act, 2009 (Act no. 9 of 2009), as amended, hereinafter referred to as the Money Bills Act. The Money Bills Act is an act of Parliament enacted by Parliament to give effect
to a constitutional provision contained in section 77 of the Constitution.
In terms of the Money Bills Act, the Office is required to provide the relevant technical support to Parliament by undertaking research, analysis and advice for the Finance and Appropriations Committees of Parliament, specifically to:
a) Review and analyse the documentation tabled in Parliament by the Executive (Minister of Finance) in terms of the Money Bills Amendment Procedure and Related Matters Act, 2009 (Act no. 9 of 2009)
b) Provide advice and analysis on proposed amendments to the fiscal framework, the Division of Revenue Bill, and money Bills and policy proposals with budgetary implications
c) Monitor and synthesise matters and reports tabled and adopted in a House with budgetary implications, with particular emphasis on reports by other committees
d) Keep abreast of policy debates and developments in key expenditure and revenue areas
e) Monitor and report on potential unfunded mandates arising out of legislative, policy or budgetary proposals
f) Conduct research on request by the Houses, other committees, or members of Parliament on matters related to the budget and other money Bills.
PARLIAMENTARY BUDEGT OFFICE ANNUAL REPORT FOR THE 2022/2023 FINANCIAL YEAR
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