Parliament, Tuesday, 22 October 2024 – The Minister of Finance, Mr Enoch Godongwana, will deliver the Medium-Term Budget Policy Statement (MTBPS) in the National Assembly (NA) on Wednesday, 30 October, at 14h00.
The MTBPS is a critical element in the overall budget process, as it sets out the policy framework for the budget presented every February. It also provides the country and its elected representatives with an update on the National Treasury’s economic forecasts, adjusts the budgets of government departments, and makes emergency changes to spending.
The MTBPS allows 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 the Budget Review and Recommendations Reports, which must be tabled in the National Assembly before the MTBPS reports are adopted.
At the same NA 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 NA Chamber (Nieuwmeester Parking Marquee) to cover the MTBPS session should register for accreditation on the following link: https://tinyurl.com/mtbps2024 before 16:00 on Thursday, 24 October 2024.
Media wishing to broadcast from Parliament’s precinct (Nieuwmeester Parking Marquee) 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 at 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 X-page on the links below. You may also subscribe to the Parliament YouTube channel to receive instant notification of live feeds.
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ISSUED BY THE PARLIAMENT OF THE REPUBLIC OF SOUTH AFRICA
Enquiries: Moloto Mothapo
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