Responsible Spending Bill

The Standing Committee on Finance invites you to submit written submissions on the Responsible Spending Bill [B9 – 2023]

Key proposals contained in the Responsible Spending Bill [B9 – 2023] include the following:
• promote responsible spending by obligating the Republic of South Africa to reduce its debt levels and its exposure to debt;
• introduce fiscal rules for the management of debt and government guarantees;
• provide for the review of the fiscal rules;
• provide for certain exemptions from the fiscal rules;
• provide for reporting requirements;
• increase transparency and fiscal responsibility; and
• provide for matters connected therewith.

Submissions can be emailed to Mr Allen Wicomb at [email protected] by no later than 12:00 on Monday, 11 March 2024.

Those who want to make submissions at public hearings on Wednesday, 13 March 2024 should specifically request this. These hearings will be conducted through Zoom.

Enquiries can be directed to Mr Allen Wicomb on tel (021) 403-3759 or Ms Teboho Sepanya (021) 403-3662.

Issued by Hon. J Maswanganyi, MP, Chairperson: Standing Committee on Finance (National Assembly)

Track the bill here

How to write a submission