Economic Development Annual Report 2009/10

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Presentation transcript:

Economic Development Annual Report 2009/10 Presentation to the Select Committee 2 November 2010

Presentation outline Background Establishment of the Department Responding to the recession Developing dialogue The New Growth Path Provincial Coordination Parliament Policy development and coherence International work Stakeholder engagement and community outreach Financial management Reflection on 2009/10 2

1. Establishment of the Department Putting a basic infrastructure in place Appointing staff to oversee establishment Proclamation Developing an organisational structure Securing an interim budget Securing a medium-term budget Recruiting staff Introducing systems Transferring agencies Aligning functions within government 3

2. Responding to the recession Creating a framework for regular dialogue Establishing new tools for the response to the recession Coordinating inputs from government departments Managing implementation of the Training Layoff Scheme IDC fund to assist distressed companies Development Bond to increase employment Customs fraud and trade related issues Food prices Construction supply chain Engagement with the banks Social assistance Expanded Public Works Programme 4

3. Developing dialogue Leadership Team’s work Policy platform on the global economic crisis KZN Policy Platform on Rural Development Policy Platform on Income Inequality Next Economy National Dialogue Engagement at Nedlac Ministerial roundtable with the pharmaceuticals industry 5

4. The New Growth Path Research and policy work Workshops and policy sessions Processes in the Economic Cluster and within government 6

5. Provincial coordination MinMec Research Bilateral engagements 7

6. Parliament Addresses to National Assembly Briefings to Committees Parliamentary Questions Tabling of documents, reports and other papers 8

7. Policy development and coherence Cabinet and IMCs Cluster work Presidential Councils and bodies The new growth path Energy and economic development Evaluating impact of exchange rate Promotion of the social economy Strengthening competition policy The green economy and economic development Using development bonds to drive industrialisation Industrial Policy Action Plan Drawing in external expertise to strengthen government 9

8. International work Bilaterals with Ministerial counterparts Discussions with foreign government representatives Engagements with multilateral organisations Launch of Employment Creation Fund Development of policy 10

9. Stakeholder engagement & community outreach Business Labour Local Communities Presidential Hotline 11

10. Financial management Received allocation of R29m when year was underway Funds managed by the DG of the dti as Accounting Officer Expenditure reflected on Annual Financial Statements of the dti Including commitments spent 61% of budget 12

Reflection on 2009/10 A small team established EDD and set up its systems Managed government’s contribution to the implementation of the Framework for SA’s Response to the International Economic Crisis Laid the groundwork for the New Growth Path Ensured effective coordination with provinces and sound relations with Parliament Participated in policy development and international bilateral and multilateral international relations Engaged business, labour and community stakeholders Focus in the medium term on implementing Strategic Plan, Outcome 4 and the Growth Path 13

Siyabonga