Mboweni requests for rescheduling of MTBPS tabling

Finance Minister Tito Mboweni has written to the National Assembly speaker, Thandi Modise asking for the tabling of the Medium Term Budget Policy Statement to be postponed by a week to October 28.

SPEAKER MODISE RECEIVES REQUEST FROM FINANCE MINISTER TO RESCHEDULE MTBPS TABLING pic.twitter.com/h6uQo3ZjTC

— Parliament of RSA (@ParliamentofRSA) October 13, 2020

The tabling of the mini budget was scheduled for next Wednesday.

In a statement, Parliament said Mboweni has cited what he calls recent complex decisions taken by cabinet in respect of the 2020/21 adjusted estimates and the 2021 Medium Term Expenditure Framework as well as the implications of the time frames for the finalisation of government’s economic reconstruction and recovery plan on the budget process.

President Cyril Ramaphosa will table the Economic Recovery Plan in parliament on Thursday.

Below is the statement from the Presidency:

Mboweni’s request will be considered by the National Assembly’s programming committee when it meets on Thursday.