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Finance Standing Committee
Budget 2017: Parliamentary Budget Office & Financial and Fiscal Commission briefing
28 Feb 2017
A joint sitting of the Standing Committee of Appropriations, Select Committee on Appropriations, Standing Committee on Finance and Select Committee on Finance met to receive briefings from the Parliamentary Budget Office (PBO) and the Financial and Fiscal Commission (FFC) on the 2017 budget.
The Budget Office said the 2017 budget ...
Finance Standing Committee
2017 Budget: Minister of Finance briefing
23 Feb 2017
The Minister of Finance, Mr Pravin Gordhan, and officials from National Treasury, briefed the Committees, sitting jointly, on the 2017 budget. It was reported that 95% of the country’s wealth remains highly concentrated, with the minority having control over the resources. The 2017 budget plays a central role in transforming ...
Finance Standing Committee
FICA Bill and Committee Report: adoption
21 Feb 2017
The meeting began with deliberations on the Committee Report on the referral of the Financial Intelligence Centre Amendment Bill [B 33B–2015]. This report contains the Committee’s conclusions regarding comments from the President on the Financial Intelligence Centre Amendment Bill.
There were no further changes to the Committee proposed amendments to ...
Finance Standing Committee
Budget 2017: pre-budget briefing by Parliamentary Budget Office
21 Feb 2017
A pre-budget briefing was given to the four finance committees by the Parliamentary Budget Office (PBO). The presentation highlighted lower-than-expected revenues as a key challenge facing the fiscus. Also discussed were the main avenues of expenditure, the trajectory of the budget and the potential tools available to government to reduce ...
Standing Committee on Appropriations
Committee Report on Study Tour to Germany and Sweden
17 Feb 2017
The Committee met to adopt the report on the study tour to Sweden and Germany from 28 January to 5 February 2017. The Committee also considered prioritisation of the agencies and institutions to be invited in the process of reporting on the fiscal framework and the division of revenue, the ...
Defence
NCACC 3rd Quarter Report: Minister briefing; Letter from President: SANDF deployment at SONA; Cuba Study Tour
17 Feb 2017
Committee Programme of the Joint Standing Committee
Minutes of 7 December 2016
The NCACC Chairperson and Minister in the Presidency, Mr Jeff Radebe, reported on the 2016 Third Quarterly Report. He noted the legislative requirements of the NCACC were the NCACC Act, No 41 of 2002 as amended by the ...
Standing Committee on Appropriations
World Bank on its Report on the South African Economy
15 Feb 2017
The World Bank presented the ninth edition of the South African Economic Update, which focused on private investment for job creation. Four main points were made:
• The World Bank foresees only a modest and fragile economic recovery in South Africa for 2017/18 unless private investment accelerates.
• It suggests ...
Standing Committee on Appropriations
Committee Reports on 2016 MTBPS, Adjustment Appropriation Bill & Finance Bill
5 Dec 2016
Documents handed out:
Report on the 2016 Medium Term Budget Policy Statement
Report on the 2016 Adjustments Appropriation Bill [B16-2016]
Report on the Finance Bill [B21-2016]
[All Committee Reports available under Tabled Committee Reports once published]
Relevant Documents:
Money Bills Amendment Procedure and Related Matters Act 9 of 2009
Medium ...
Standing Committee on Appropriations
Adjustments Appropriation Bill; Finance Bill: briefing by National Treasury
1 Dec 2016
National Treasury briefed a joint meeting of the Standing and Select Committees on Appropriations on the 2016 Adjustments Appropriations Bill and the 2016 Finance Bill.
Members were informed about the different aspects of the Adjustments Appropriations Bill, which included unforeseeable and unavoidable expenditure, virements, roll-overs, self-financing expenditure, and declared unspent ...
Standing Committee on Appropriations
Engagement with the Appropriations Committee of the Nigerian National Assembly
30 Nov 2016
The Standing Committee on Appropriations met with its counterpart in the Nigerian National Assembly. Both sides expressed a need for cross-fertilisation. There was no formal presentation from the Nigerian side. A spokesperson explained to the Committee how their Committee did its work and what its mandate was. In Nigeria revenue ...