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April 3rd, 2017
Lungisa Fuzile

Lungisa Fuzile

Lungisa Fuzile, National Treasury Director-General

Lungisa Fuzile serves as Director-General at The National Treasury.

He joined the National Treasury in 1998 as a Deputy Director.

He quickly rose through the ranks to become the head of the Intergovernmental Relations division.

In this position, Fuzile gave strategic leadership to the development and maintenance of the intergovernmental fiscal framework, including the reviewing of the formulae for the transfer of resources to provincial and local governments.

It was under his leadership that Intergovernmental Relations introduced the Infrastructure Delivery Improvement Programme (IDIP) to solve the capacity and institutional challenges faced by the provincial departments of Health, Education and Public Works in the delivery of infrastructure.

In July 2008 Fuzile took on the position of Deputy Director-General in the Asset and Liability Management (ALM) division.

In that capacity he was responsible for cash management, the financing of the deficit and financial oversight over state-owned entities.

His primary responsibilities as Director-General of the National Treasury include managing the department, producing a sound and sustainable national budget, managing government’s financial assets and liabilities, overseeing government accounting policies and standards, regulating public sector procurement through policy formulation, developing appropriate fiscal policy and financial management, and improving financial management throughout government.

His various roles at the National Treasury during the past 13 years have given him a sound understanding of the work of the department.

Fuzile is a Master of Commerce graduate.

He began his career as a school teacher, later switching to university lecturer before joining Statistics South Africa in January 1997.

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