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Social Development: Government Information: Public finance

A guide to finding government information for Social Development students.

Public finance

The National Treasury is responsible for compiling the Budget every year in the form of the Budget speech, Budget review and Estimates of revenue and expenditure. The amount allocated to each government department is know as a "Vote." The Votes are summarised in the Appropriation Bill, which is debated in Parliament, Vote by Vote. The Bill becomes the Appropriation Act once passed and the sums voted are allocated to the government departments. Public finance matters are also discussed by the Public Accounts Committee. At the end of the financial year the accounts of each government department are examined by the Auditor-General, who publishes reports.