MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / Minister of Finance to table MTBPS

Minister of Finance to table MTBPS

Minister of Finance to table MTBPS

Minister of Finance Enoch Godongwana will today present the 2024 Medium Term Budget Policy Statement (“2024 MTBPS”) to Parliament.

“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,” Parliament said in a statement.

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 MTBPS is preceded by the Budget Review and Recommendations Reports, which must be tabled in the National Assembly before the MTBPS reports are adopted. 

“At the same National Assembly (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,” Parliament said.

Members of the public may get involved and follow parliamentary sittings live on Parliament TV (DSTV Channel 408) or on Parliament’s YouTube channel and on Parliament’s X-page (https://twitter.com/ParliamentofRSA).

The Minister will table the MTBPS in the NA at 14h00. –SAnews.gov.za

nosihle
Tue, 10/29/2024 – 15:11

67 views

Tuesday, October 29, 2024

Minister Godongwana.

Minister of Finance Enoch Godongwana will today present the 2024 Medium Term Budget Policy Statement (“2024 MTBPS”) to Parliament.

“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,” Parliament said in a statement.

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 MTBPS is preceded by the Budget Review and Recommendations Reports, which must be tabled in the National Assembly before the MTBPS reports are adopted. 

“At the same National Assembly (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,” Parliament said.

Members of the public may get involved and follow parliamentary sittings live on Parliament TV (DSTV Channel 408) or on Parliament’s YouTube channel and on Parliament’s X-page (https://twitter.com/ParliamentofRSA).

The Minister will table the MTBPS in the NA at 14h00. –SAnews.gov.za

Watch a Minister of Finance to table MTBPS related video:

Stunning South Africa:

Have you visited MyPR?

MyPR.co.za offers free to publish press releases for your news site, blog or offline publication. Use the handy REPUBLISH facility or the Full Text RSS Feeds or just copy and paste.

Straton Electrical | Straton Solar | Straton Prepaid | Straton Plumbing | Straton IoT | Straton eBikes | BA Systems | Mbane Contracting | Reach Trust

Category: Tag: , , , , , , , , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Re: R8.5 Million Lotto Winner Claims Prize in Gqeberha

    Dear Editor This is indeed an exciting story for the community. Congratulations to the winner and may this bring positive change to Nomathamsanqa. As someone from KwaMashu, I understand the impact such winnings can have on township communities. Wishing the grandfather all the best. Regards Themba Zulu In Response to/From: R8.5 Million Lotto Winner Claims…

  • Re: Minister Tolashe and Postbank Black Cards

    Dear Editor I appreciate the Minister’s assurance regarding the smooth transition to Postbank Black Cards for grant beneficiaries. As a concerned citizen, I hope the government will ensure that all beneficiaries, especially elderly and vulnerable populations in areas like Soweto, receive adequate assistance during this transition period. The expansion of card replacement locations to include…

  • Lotto Winner Story

    Dear Editor This is indeed an exciting story for the community. Congratulations to the winner and may this bring positive change to Nomathamsanqa. Regards Willem Pieterse In Response to/From: R8.5 Million Lotto Winner Claims Prize in Gqeberha

Reader Interactions

Comments

  1. UK: You have two cows. After a lengthy court battle, the bovines hold a referendum and are separated.

  2. Bitter koud — very cold. An Afrikaans phrase meaning ‘bitter cold’, often used to describe the cold weather during winter.Example: “Oh, my gosh! It’s bitter koud outside!”