QUESTION 1
“A major challenge to policy-makers will be the issue of how far and how fast to move to a more equitable model of social expenditure, reducing racial differentials and advancing social services to those who currently do not receive these benefits, whilst staying within the bounds of fiscal discipline”
With reference to the above paragraph, critically evaluate South Africa’s strategies in
alleviating poverty and promoting economic development with the aid of examples.
QUESTION 2
“The public budget is a spending plan that indicates how available public funds are used by Government to cater for people’s needs. The budget is an expression of the political wishes that allows Government to plan in such a way that political goals are achieved.”
In considering the statement with the relevant financial legislation, critically analyse the types of budgeting systems available to policy-makers of the South African budgetary process at a national government level.
Answers to Above Questions on Public Service Finance
Answer 1:
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