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Parliament Seeks Comment on 2020 Fiscal Framework

February 13, 2020

Parliament

Parliament’s finance committees seek comment on the 2020 Fiscal Framework and Revenue Proposals.

The proposals will be tabled in parliament on Budget Day on 26 February 2020.

In a committee notice, the standing committee and select committee on finance call for comment on the Fiscal Framework and Revenue Proposals until 2 March 2020.

Public hearings in parliament are also scheduled for 4 March 2020.

The Fiscal Framework, as defined in the Money Bills Amendment Procedure and Related Matters Act, provides estimates of revenue, spending, borrowing, interest and debt servicing charges for a specific financial year.

The 2020 Fiscal Framework and Revenue Proposals will be made available on Budget Day.