2006 2007 - Parliamentary Monitoring Group

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NACI | INNOVATION FOR A BETTER FUTURE
N A T I O N A L A D V I S O R Y C O U N C I L O N I N N O V A T I O N
Financial Report – 2006 | 2007
The National Advisory Council on Innovation was allocated R8 228 million to perform its functions during the 2006/2007 financial
year. This allocation was later adjusted to R10 193 million, 99.3% of which was utilised. As in previous financial years, the NACI
budget is administered by the Department of Science and Technology, and expenditure is accounted for in the various financial
systems of the Department.
NACI’s expenditure during 2006/2007, classified in terms of remuneration of employees, research projects and other operational
expenses incurred in developing advice, was as follows:
Item Actual payment (R’000) Percentage %
Remuneration of employees 3 356.0 33
Evidence-based research studies 4 393.4 43
Advice development 2 380.6 24
Total 10 130.0 100
The category of evidence-based research studies reflects
payments to consultants for performing research, editing
reports and reviewing projects. The category of advice
development reflects expenditure on the facilitation of
advice development or capacity building towards advice
development, including the sub-items of advertising and
marketing, communication, catering, courier services,
computer hardware, stationery, printing, domestic and
international travel, subsistence, training and staff development.
Approximately 7% of total expenditure was for Council
honoraria (for preparation and meeting attendance).