. The EDD must brief the committee on the development of the economic model within 3 months after the tabling of the committee report. . The EDD must submit progress reports related to the economic development index on a quarterly basis to the committee. . The EDD must brief the committee on the economic trends in the first year of the MTEF. . The committee supports the EDD's intention of working with National Treasury on further work focusing on increasing public investment initiatives. . The committee agrees that the long term viability (value-adding) of companies in distress is very important. . With regard to companies in distress, the committee agree that it is important that the labour movement and employers, in these companies, co-operate and collaborate in implementing the "Framework for SA's response to the global economic crisis". . The EDD must consider all the recommendations made on the committee's oversight visit report on companies in distress and customs fraud during November 2009. . The Portfolio Committee on Economic Development supports the allocations to the following programmes: Administration, Economic Policy Development, Economic Planning and Coordination and Economic Development and Dialogue and recommends that Budget Vote 27 be passed. The Democratic Alliance (DA) abstained.