Economic Development Annual Report

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

Reasons for

deviations

None None

None None

Deviation

from planned target to Actual

Achievement 2023/2024

**Actual

Achievement 2023/2024

1 Provincial

Economic Review and Outlook

(PERO) report compiled

2 updated Socio

Economic Review and Outlook

(SERO) report

completed and

communicated

Planned Annual Target 2023/2024

1 Provincial

Economic Review and Outlook

(PERO) report compiled

2 updated Socio

Economic Review and Outlook

(SERO) reports

completed and

communicated ted

Audited

Actual

Performance

2022/2023

1 Provincial

Economic

Review and

Outlook (PERO)

report compiled

2 updated

Socio-Economic Review and Outlook

(SERO) report

completed and

communicated

Audited Actual Performance 2021/2022

1 PERO report compiled

2 updated

SERO reports

completed and

communicated

Sub-programme: Economic Analysis Outcome Output Output Indicator Inclusive, diversified Socio economic research Number of Provincial Economic

Review and Outlook

(PERO) reports compiled

Number of

updated Socio Economic

Review and Outlook

(SERO) reports

completed and

communicated

reports to

inform the

departmental,

provincial and municipal

planning, policy,

strategy

and budget

processes

and growing economy

**Actual achievement reported in relation to the performance information reflected in the re-tabled Annual Performance Plan. Linking performance with budgets The sub-programme was allocated a budget of R4 179 million and spent the budget of R3 647 million. All targets were achieved, and the expenditure contributed to the achievement of outputs. Some underspending of especially COE experienced, mainly due to vacant positions in the first, third and fourth quarter of the financial year. The vacant DD post was filled in July 2023, but the AD post was vacant from 1 October 2023= due to a transfer to the LED Directorate in Programme 2.

91