Parliament, Monday, 23 October 2023 – The Minister of Finance, Mr Enoch Godongwana, will deliver the Medium-Term Budget Policy Statement (MTBPS) to the Members of the National Assembly on Wednesday, 1 November, at 14h00 at the Cape Town City Hall.
The MTBPS plays a critical role in the overall budget process, as it sets out the policy framework for the budget that is presented every February. It also provides the country and its elected representatives with an update on National Treasury’s economic forecasts, adjusts the budgets of government department and makes emergency changes to spending.
The MTBPS makes it possible for Parliament and the public to interact with the government's budget through committee oversight over government departments, when committees review the effective and efficient use of available resources. The process is known as the Budget Review and Recommendations Reports, which must be tabled in the National Assembly before the MTBPS reports are adopted.
At the same sitting, the Minister is also scheduled to table the Adjustments Appropriation Bill, the Rates and Monetary Amounts and Amendment of Revenue Laws Bill, the Taxation Laws Amendment Bill, the Division of Revenue Amendment Bill and the Tax Administration Laws Amendment Bill.
Members of the Media, including photographers who wish to be at the Cape Town City Hall to cover the MTBPS session should send their details (full name, name of the media house, ID or passport number) to Mr Mlindi Mpindi at mmpindi@parliament.gov.za/ 081 716 7329 before 16:00 on Thursday, 26 October 2023
Media wishing to broadcast from Parliament’s precinct (Cape Town City Hall) should also provide details of vehicles (make, registration) and equipment they wish to bring onto the precinct and time of arrival.
For accreditation to the lock-up briefing that precedes the delivery of the MTPBS to the Members of the National Assembly, please contact National Treasury official Xolisa Dodo on: media@treasury.gov.za
Members of the public may get involved and follow parliamentary sittings live on Parliament TV (DSTV Channel 408), on Parliament’s YouTube channel and on Parliament’s Twitter page on the links below. You may also subscribe to the Parliament YouTube channel to receive instant notification of live feeds.
Twitter: https://twitter.com/ParliamentofRSA
Facebook: https://facebook.com/ParliamentofRSA
YouTube: https://www.youtube.com/ParliamentofRSA
ISSUED BY THE PARLIAMENT OF THE REPUBLIC OF SOUTH AFRICA
Enquiries: Moloto Mothapo
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