The MF accepts and acknowledges the need for adjustment made in the budget allocated to Sport and Recreation South Africa, Public Enterprises, Communications and Agriculture. However, an explanation for this needed adjustment would be advisable in terms of adjudicating reasons for the requirement and maintaining our system of checks and balances.
We appreciate that by this time of the year departments' allocations are already being utilised well and to fulfil their year's endeavours. I use this platform to enquire in terms of co-operative banks as to whether tax relief is being considered and what the reasons may be for either exercising this relief or instituting a payable tax.
We also call for faster pension reform to a more liveable rate and hope the hon Minister of Finance will bring our pensioners greatest relief in 2008.
The MF supports the Special Adjustments Appropriation Bill. I thank you, Chairperson.