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Standing Committee on Appropriations
2015 Medium Term Budget Policy Statement; Finance Bill [B31-15]; New Development Bank Special Appropriation Bill [B32-15]: public hearings
11 Nov 2015
On the MTBPS, COSATU drew attention to certain core areas. Within the economic context, there was a 34% unemployment crisis and government needed to put in more effort to create jobs. COSATU noted that while some attempts appeared to have been made in respect of fighting corruption, it was concerned ...
Standing Committee on Appropriations
Division of Revenue Amendment Bill [B27-2015]: consideration; Adjustments Appropriation Bill [28-2015]: hearing with Department of Public Works
10 Nov 2015
The Committee firstly discussed its draft Committee Report on the 2015 Division of Revenue Amendment Bill. It was only four pages long and there were a few minor amendments of a technical nature proposed. The Report was adopted, but the DA asked that it be recorded that it reserved its ...
Standing Committee on Appropriations
New Development Bank Special Appropriation Bill [B32-15]; Finance Bill [B31-15]: briefing; FFC submissions
6 Nov 2015
National Treasury said the New Development Bank (NDB) was established by an agreement between the governments of Brazil, Russia, India, China and South Africa (BRICS countries) with the purpose of mobilising alternative sources of financing, strengthening the cooperation among BRICS countries, and complementing existing efforts by other development partners and ...
Higher Education, Science and Innovation
University Funding & 2015 MTBPS: hearing with DHET & Council on Higher Education, with Minister
4 Nov 2015
A joint meeting of the Standing and Select Committees on Appropriations and the Portfolio Committee on Higher Education heard submissions from the Department of Higher Education and Training (DHET) and the Council on Higher Education (CHE) on the funding of the higher education sector and the post-school education and training ...
Standing Committee on Appropriations
2015 Medium Term Budget Policy Statement (MTBPS): Public Service Commission briefing
2 Nov 2015
The Public Service Commission (PSC) proposed a strategy for improving management practices in the public service comprising of three elements: professionalising the public service, transforming corporate support practices to focus on outcomes as well as compliance, and improving performance management and accountability structures.
It had identified the country's open system ...
Standing Committee on Appropriations
2015 Medium Term Budget Policy Statement (MTBPS): Human Science Research Council briefing
30 Oct 2015
The Human Sciences Research Council (HSRC) presented a briefing and analysis of the 2015 Medium Term Budget Policy Statement (MTBPS).The briefing covered the implications and needs of the education and health sectors, the need to have a skilled and capable state, to ensure accelerated economic growth, infrastructure investment, job creation, ...
Standing Committee on Appropriations
2015 Medium Term Budget Policy Statement (MTBPS): Financial and Fiscal Commission (FFC) briefing
28 Oct 2015
The meeting was for the presentation by the Financial and Fiscal Commission (FFC) on the 2015 Medium Term Budget Policy Statement (MTBPS). The MTBPS was formulated against the backdrop of an economy that was vulnerable to negative domestic and external factors. Low, fragile growth was making it difficult to tackle ...
Finance Standing Committee
Medium-Term Budget Policy Statement (MTBPS) 2015: Parliamentary Budget Office review
27 Oct 2015
The Parliamentary Budget Office provided an analysis of the Medium-Term Budget Policy Statement for 2015 to a joint meeting attended by the Standing and Select Committees on Appropriations and the Standing and Select Committees on Finance.
The Parliamentary Budget Office generally echoed the concerns contained in National Treasury’s budget policy ...
Finance Standing Committee
Medium Term Budget Policy Statement (MTBPS) 2015: Minister of Finance briefing
22 Oct 2015
The Minister of Finance and a delegation from the National Treasury met with a joint committee comprising the Standing Committee on Finance, the Select Committee on Finance, the Standing Committee on Appropriations and the Select Committee on Appropriations. The National Treasury presented the Medium Term Budget Policy Statement (MTBPS), which ...
Standing Committee on Appropriations
Financial and Fiscal Commission submission on 2016/17 Division of Revenue Bill
23 Sep 2015
The Financial and Fiscal Commission (FFC) presented its submissions on the 2016/2017 Division of Revenue. The main theme was that the current infrastructure and infrastructure spend was presently inadequate to meet the needs of growth, poverty and inequality. Infrastructure could leverage growth and economic development but South Africa remained beset ...