ECONOMIC AFFAIRS
The Economic Affairs Department is responsible for formulating and implementing economic policies for sustainable economic growth and development and a stable macroeconomic environment. It also provides provide policy advice on macroeconomic issues within the economy.
Departments Under The Directorate
Economic Policy Formulation and Implementation
Economic Planning and Modelling
Economic Policy Formulation and Implementation
- Coordinate formulation of the Pre-Budget Strategy Paper (BSP), National Budget Statement, Budget Highlights, Budget Speech and related policy statements;
- Monitor, evaluate and assess fiscal and macro-economic performance, producing regular analytical reports including Monthly State of the Economy, Treasury Quarterly Bulletin and Mid-Term and Annual Fiscal Policy Reviews;
Economic Planning and Modelling
- Coordinate the formulation, implementation and monitoring of the national and provincial economic development plans,
- Co-ordinate the development of comprehensive Macro-Economic Modelling and forecasting for the economy;
- Undertake economic research and produce sectoral papers on contemporary policy issues.