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Parliament Seeks Comment on 2021 Fiscal Framework and Revenue Proposals

February 12, 2021

Parliament

Parliament seeks comment on the 2021 Fiscal Framework and Revenue Proposals.

The Fiscal Framework and Revenue Proposals will be tabled in parliament during Budget 2021 on 24 February 2021.

The Fiscal Framework and Revenue Proposals include estimates for the next three years on all revenue to be collected; all expenditure; borrowing, interest and debt-servicing charges and provide an indication of the contingency reserve to respond to emergencies or other unforeseen needs.

In a statement, the standing and select committees on finance point out that virtual public hearings will be held on 3 March 2021.

Submissions are invited until 1 March 2021.

Copies of the Fiscal Framework and Revenue Proposals will be made available on Budget Day.