Economic Development Annual Report

Annual Report 2023/2024 Mpumalanga: Department of Economic Development and Tourism - Vote 6

Reasons for

deviations

None None

Actual (Over)/Under Expenditure R’000 R’000 R’000 R’000 R’000 R’000 Total 975 955 20 1 089 1 019 70 Expenditure

Deviation

from planned

target to Actual Achievement 2023/2024

**Actual

Achievement 2023/2024

2 research reports

produced:

Mining

Tourism

The sub-programme was allocated a budget of R1 089 million and spent R1 019 million with an underspending of R70 thousand. All targets were achieved, and the expenditure contributed to the achievement of outputs. The underspending of especially goods and services, due to factors such as lower S&T expenditure related to less physical and more virtual meetings/events. Sub-programme expenditure Sub- Programme Research and Development 2022/2023 2023/2024 Final Appropriation Actual Expenditure (Over)/Under Expenditure Final Appropriation

Planned Annual Target 2023/2024

New indicator New indicator 2 research

reports produced

Audited Actual Performance 2022/2023

Audited Actual Performance 2021/2022

88 Sub-programme: Research and Development Outcome Output Output Indicator Inclusive, diversified and growing economy Research reports to inform the economic policy analysis process and strategy Number of research reports produced on key provincial industries/ sectors

development

**Actual achievement reported in relation to the performance information reflected in the re-tabled Annual Performance Plan. Linking performance with budgets Strategy to overcome areas of under performance None