2016 Medium Term Budget Policy Statement (MTBPS)

The Standing Committee on Finance and the Select Committee on Finance invites you to submit written submissions on the 2016 Medium Term Budget Policy Statement (MTBPS) that will be tabled on 26 October 2016.

The Minister of Finance (the Minister) will table the 2016 Medium Term Budget Policy Statement (MTBPS) before Parliament on 26 October 2016. In tabling the MTBPS, the Minister will meet his obligation under section 28 of the Public Finance Management Act 1 of 1999 (PFMA) that requires the Minister to table multi-year budget projections for revenue, expenditure and key macro-economic projections on an annual basis. In addition to that, 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 at Parliament on Wednesday, 2 November 2016.

Please note submissions and requests to make oral presentation must be received by no later than Monday, 31 October 2016

Comments can be emailed to Mr Allen Wicomb (Standing Committee on Finance) at [email protected] and Mr Zolani Rento (Select Committee on Finance) at [email protected] by no later than 12:00 on Monday, 31 October 2016.

Enquiries can be directed to Mr Allen Wicomb on tel (021) 403 3759 or Mr Zolani Rento on tel (021) 403 8071

Copies of the 2016 MTBPS will be available on 26 October at www.treasury.gov.za

Issued by Hon. YI Carrim, MP, Chairperson: Standing Committee on Finance (National Assembly) and Hon. CJ De Beer, MP, Chairperson: Select Committee on Finance (National Council of Provinces).