2014 Medium Term Budget Policy Statement (MTBPS)

The Standing and Select Committee on Appropriations invites you to submit written submissions on the 2014 Medium Term Budget Policy Statement (MTBPS) that will be tabled on 22 October 2014.

The Minister of Finance (the Minister) will table the 2014 Medium Term Budget Policy Statement (MTBS) before Parliament on 22 October 2014. The Minister will meet his obligation under section 6(8) of the Money Bill Amendment Procedure and Related Matters Act 9 of 2009 (the Act) that requires the Minister to submit to Parliament the MTBPS. The Standing and Select Committees on Appropriations are required according to the Act, to consider and report on the following issues:

▪ the spending priorities on national government for next three years;
▪ the proposed division of revenue between the spheres of government and between arms of government within a sphere for the next three years; and
▪ the proposed substantial adjustment to conditional grants to province and local government, if any.

Joint public hearings on the MTBPS (with specific focus on propose Division of Revenue and Conditional Grant allocations to provinces and local governments) will be conducted at Parliament on Wednesday, 29 October 2014. On Friday, 31 October 2014 a continuation of public hearings on the MTBPS will be conducted by the Standing Committee on Appropriations. On Friday, 07 November 2014 the Select Committee on Appropriations will conduct public hearings on the 2014 Division of Revenue Amendment Bill.

Submissions and an indication of your intention to make a verbal presentation must be received by no later than 16:00 on Monday, 27 October 2014.

Comments can be directed to Mr Darrin Arends at [email protected] or Mr Lubabalo Nodada at [email protected] by no later than 16:00 on Monday, 27 October 2014.

Enquiries can be directed to Mr Darrin Arends on tel (021) 403-8105 or Mr Lubabalo Nodada on tel (021) 403-3669.

Copies of the 2014 MTBPS will be available on 22 October 2014 at www.treasury.gov.za

Issued by Mr SP, Mashatile, MP, Chairperson: Standing Committee on Appropriations (National Assembly) and Mr SJ Mohai, MP, Chairperson: Select Committee on Appropriations (National Council of Provinces).