Transcription of Revised Medium Term Strategic Framework (MTSF) 2019-2024
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Revised Medium Term Strategic Framework (MTSF) 2019-2024 Introductionandbackground Currentcontext Problemstatement Approach to the MTSF and the revision Key interventions per priority area Driving implementation2 Overview of the presentationIntroduction and background3 TheMTSF2019-2024wasdevelopedin2019,appro vedbyCabinetattheendofOctober2019andoffi ciallylaunchedwiththeSONA2020forimplemen tation Subsequently,adecisionwastakentoreviseth eMTSF basedoncriticalnewdevelopmentsincludingt heCOVID-19pandemic Amongtheimpactsofthepandemicwassignifica ntbudgetreprioritization,whichaffectedde partmentalbaselinesandtheMTSF targets Majorcontextualfactorstakenintoconsidera tionincludedthefollowing: Publichealthcontext,includingreallocatio noffundsforsocio-economicrelief,higherpu blichealthexpenditureandthevaccinerollou t Economiccontext,witheconomiccontraction, highunemploymentandlowerrevenueprojectio ns Fiscaloutlookheavilyconstrainedwithhighd ebttoGDPratio Notablethateffectivelyonlythreeyearsofim plementationremainingforthe6thadministra tion 2021/22,2022/23and2023/244 Introduction and BackgroundProblem statement56 High-level problem statement The state has not adequately utilized the levers at its disposal to fundamentally entrench the economic rights of the historically disadvantaged and reverse the apartheid legacy (25-year review, DPME, 2019) Lack of economic transformation, cont
The NDP is our long-term strategic plan that serves four broad objectives: 1. Providing overarching goals to be achieved by 2030 2. Building consensus on the key obstacles and specific actions to be undertaken 3. Providing a common framework for detailed long term planning 4. Creating a basis for making choices about how best to use limited ...
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