Changing approaches to financing and financial management in the South African local government sector

Changing approaches to financing and financial management in the South African local government sector

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Sections 152 and 153 of the Constitution of the Republic of South Africa, 1996 (Act 108 of 1996) have given local government a developmental mandate.Local government has a constitutional obligation to participate in national and provincial development programmes.Local government should become a powerful development catalyst in collaboration with other spheres of government, the non-governmental sector deus gorras and the local citizenry.It has to address social, economic and infrastructural backlogs and inequalities in a stable and sustainable manner to ensure developmental outcomes are reached.Different financing and financial management policies, strategies, structures, processes and lolasalinas.com procedures have to be instituted with a view to transformation and innovation.

Constant and consistent monitoring, analysis and evaluation of these policies, strategies structures, processes and procedures should ensure these constitutional imperatives.