Have Your Say: 2021 Revised Fiscal Framework and Revenue Proposals (Medium Term Budget Policy Statement) [MTBPS]
The Standing Committee on Finance and the Select Committee on Finance invites stakeholders and interested parties to submit written submissions on the 2021 Revised Fiscal Framework and Revenue Proposals that will be tabled on 11 November 2021 with the MTBPS.
The Minister of Finance (the Minister) will table the 2021 Medium Term Budget Policy Statement (MTBPS) before Parliament on 11 November 2021 in terms of section 28 of the Public Finance Management Act 1 of 1999 (PFMA). This requires the Minister to table multi-year budget projections for revenue, expenditure and key macro-economic projections on an annual basis. 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 virtually on Wednesday, 17 November 2021.
Submissions and your indication on whether you want to make an oral presentation must be received by no later than 12:00 on Monday, 15 November 2021.
Submissions must be directed to the Committee Secretaries, Mr Allen Wicomb (Standing Committee on Finance), Ms Teboho Sepanya (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 / tsepanya@parliament.gov.za and nmangweni@parliament.gov.za Cell. 071 363 2349/ 061 438 9448 or fax: 021 403 3942.
Copies of the 2021 MTBPS will be available on 11 November 2021 at www.treasury.gov.za .
Issued by Hon. MJ Maswanganyi, MP, Chairperson: Standing Committee on Finance (National Assembly) and Hon. YI Carrim, MP, Chairperson: Select Committee on Finance (National Council of Provinces).
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