Thank you hon Deputy Speaker. Hon Harris, I am not surprised by your about-turn. Earlier on, we had our deliberations in the committee session and you made an undertaking that you would not make a declaration. Your maverick acrobatics are becoming very common to us in the committee.
It is globally recognised that we have one of the most stable financial sectors in the world. This is largely due to the skills and sophistication that the National Treasury has brought to the financial sector through the necessary legislation and regulation. Within the parameters of shaping fiscal and monetary policy, the National Treasury is first and foremost leading debates in these areas and is, again, globally looked upon in this field.
Perhaps to remind the victims of short memory and amnesia, let me remind them about the fact that all this is happening because this is National Treasury under the leadership of the ANC. This Budget Vote deserves all our support because it is a living example of the constitutional principles of co-operative governance and intergovernmental relations among the three spheres of government.
It practically assists in providing support for all three spheres of government so as to ensure the building of effective and efficient public finance and budget management in the provision of social and basic services at provincial and local government levels. This Budget Vote is crucial for the realisation of basic services much needed by all, particularly the masses of our people who were denied such services for years. Any opposition to this Budget Vote is merely an act of clutching at straws. As the ANC, we support Budget Vote No 10. Thank you. [Applause.]
Vote agreed to.
Vote No 11 - Public Enterprises - put Declarations of vote: