Release of new Finance Instruction 08/2020 on COVID-19 stimulus funding for Provinces and Districts
A new Finance Instruction 08/2020 has been released by the Department of Finance. This FI gives direction to all the Provincial Administrators, CEOs of District Development Authorities (DDA) and Provincial and District Finance Managers on the mechanisms for managing funds transferred to COVID-19 Emergency Trust Accounts in accordance with NEC Decision 331/2020 for the purpose of […]
New Finance Instruction (FI 7A) on COVID-19 expenditure including procurement thresholds
A new Finance Instruction has been issued by the Department of Finance and National Control Centre on 1 October 2020. This Instruction provides assistance to Provinces and Districts on the utilising funds for COVID-19 response including procurement thresholds and the requirement to undertake bank reconciliations. All funds provided for and used in COVID-19 response can […]