Key Budget Reports - Budget Global Competitiveness Report - Economics Assignment Help

Assignment Task :

QUESTION 1 1.1 Over and above the key budget reports developed by The International Budget Partnership (IBP) that all governments should publish, there also is the Global Competitiveness Report (GCR). 
Critically evaluate the extent to which the budget Global Competitiveness Report (GCR) guides budgetary decisions in South Africa to increase South Africa's competitiveness globally. 
 

QUESTION 2   2.1 From an economic point of view, government intervention is necessary because of what is known as Market Failure. Critically analyze the International Budget Partnership (IBP) from an economic view applying the three functions of Public Finance used by then South African government to identify and mitigate economic risks in South the country. 

QUESTION 3   3.1 Taking the International Budget Partnership (IBP) into account, critically evaluate any three financial reforms in South Africa that have had a significant impact on public sector financial management from 1995 to date. For each reform, discuss the intended outcomes and impacts. 

QUESTION 4  4.1 Compare the City of Tshwane's Financial statements, including the cash-flow statements for the years 2017 and 2014:

• City of Tshwane, 2017, Consolidated Annual Financial Statements for the year ended 30 June 2017, 

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