Economist: Forecasting at National Treasury

Qualification/s Requirements

• A Grade 12 is required, coupled with a minimum National Diploma (equivalent to NQF 6) or Bachelor’s degree (equivalent to NQF level 7) in Economics or Mathematics or Statistics or Econometrics; and
• A minimum 3 years’ experience obtained within an economic modelling environment. 

Key Performance Areas

Quarterly Forecasts over the MTEF:

•  Assist with the compilation of a pre-determined forecast model based on the performance of the South African economy;
• Draft forecasting explanatory memoranda to debrief stakeholders on the main aspects of the economic projection; and 
•  Assist in providing different simulations on forecasts on economic growth and tax related models based on the revenue expectations for a specific financial year.

 Maintain Economic Models: 

• Assist with the updating of economic models;
•  Assist with the development of new models in alignment with policy and related needs; and
•  Consult stakeholders on new initiatives on the maintenance of models.

 Policy Analysis and Development: 

• Provide theoretically sound and well researched reports and memos that link model outcomes to specific policy questions;
• Develop presentations and engage stakeholders; and 
•  Inform internal and external stakeholders on new developments in impacting on the economic modelling world and illustrate their usage.

 Stakeholder Engagement and Research:

•  Engage clients on new developments pertaining to projection tools impact the SA economy; and 
• Initiate research and engage with internationally recognised institutions on latest trends pertaining to model development.