Financial reporter
In a bid to improve performance, the National Treasury will introduce an outcomes-based system that excludes subjectivity in the performance management of employees.
This is according to a submission by the National Treasury to parliament’s standing committee on finance on Tuesday. The Treasury briefed the committee on its annual performance and strategic plan.
The programme’s stated aim of improving performance outcomes in the department, allocated R23bn in 2025, is expected to allow National Treasury technocrats to support better spending outcomes from departments that account for much of the national budget, including education, health and social security.
It will also give the National Treasury more momentum to further its inroads into fiscal gains it has achieved, including the realisation of a primary budget surplus, which was R48.9bn in 2025.
