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Have Your Say: 2019 Revised Fiscal Framework and Revenue Proposals MTBPS

The Standing Committee on Finance and the Select Committee on Finance invites stakeholders and interested parties to submit written submissions on the 2019 Revised Fiscal Framework and Revenue Proposals (MTBPS) that will be tabled on 30 October 2019.

The Minister of Finance (the Minister) will table the 2019 Medium Term Budget Policy Statement (MTBPS) before Parliament on 30 October 2019. In tabling the MTBPS, the Minister will meet his obligation under section 28 of the Public Finance Management Act 1 of 1999 (PFMA) that requires the Minister to table multi-year budget projections for revenue, expenditure and key macro-economic projections on an annual basis. In addition to that, the Minister will also meet his obligation under section 6(1) of the Money Bills Amendment Procedure and Related Matters Act 9 of 2009 that requires the Minister to submit to Parliament the MTBPS.

Public hearings will be conducted at Parliament on Wednesday, 06 November 2019.

Submissions and your indication to make oral presentation must be received by no later than 12:00 on Tuesday, 05 November 2019.

Submissions must be directed to the Committee Secretaries, Mr Allen Wicomb and Mr Arico Kotze (Standing Committee on Finance) and Mr Nkululeko Mangweni (Select Committee on Finance), 3rd Floor, 90 Plein Street, Cape Town 8000 or awicomb@parliament.gov.za / akotze@parliament.gov.za / nmangweni@parliament.gov.za tel. 021 403 3759 / 021 403 3662 / 021 403 3782 or fax: 021 403 3942.

Copies of the 2019 MTBPS will be available on 30 October 2019 at www.treasury.gov.za

Issued by Hon. J Maswanganyi, MP, Chairperson: Standing Committee on Finance (National Assembly) and Hon. YI Carrim, MP, Chairperson: Select Committee on Finance (National Council of Provinces).