The Standing Committee on Finance (the Committee), having considered the response of the Minister of Finance to the Committee's recommendations in the Report of the Committee on the 2010 Revised Fiscal Framework and Revenue Proposals which was adopted by the National Assembly on 2 November 2010, submitted to Parliament and referred to the Committee in terms of the Money Bills Amendment Procedures and Related Matters Act, No. 9 of 2009, approves the said response.