National Treasury Deputy Director General (DDG) of the Budget Office, Edgar Sishi, will leave the department to take up a position at the International Monetary Fund.
This according to a statement by the department confirming Sishi’s resignation.
“The National Treasury thanks Edgar for his dedicated service to the department and to South Africa and congratulates him on his new post.
“The departure of a senior official is always challenging for the institution, but Edgar has built a strong team at the Budget Office, and I have full confidence in their ability to maintain the very high standards set under his stewardship,” Treasury Director General, Dr Duncan Pieterse, said.
The department said Sishi’s last day in office will be at the end of this month.
“Mr. Sishi joined the National Treasury in 2007 and has been an integral part of the senior leadership of the department for several years. He took over the Budget Office during the COVID-19 pandemic in 2020 and has played a crucial role in navigating the public finances through unprecedented challenges.
“His leadership has helped to achieve the turning point in South Africa’s public finances that was evident in the 2026 Budget, with debt stabilising for the first time since before the 2008 global financial crisis.
“The improvement in public finances will support faster growth and lower borrowing costs, while protecting the future sustainability of social spending,” the department said.
The recruitment for a new, permanent DDG in the Budget Office will begin as soon as possible.
“From 1 April 2026, three Chief Directors with direct exposure to the budget process will act on a rotation basis, beginning with Mr. Marumo Maake, who was previously acting Head of the Budget Office from April to October 2025,” National Treasury said.