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Finance Standing Committee
2020 Budget: Treasury briefing; with Minister & Deputy Minister
27 Feb 2020
Watch Meeting: Youtube
2020 Budget Speech
2019 MTBPS Speech
Parliament’s finance and appropriations committees from both houses met jointly with the Minister of Finance and senior National Treasury officials to discuss the 2020 Budget. The Minister had tabled his budget proposals the previous day.
Members were told that very low ...
Finance Standing Committee
Medium Term Budget Policy statement: Minister & National Treasury remarks
31 Oct 2019
The Finance and the Appropriations Committees of the National Assembly and National Council of Provinces, as well as provincial committee members, met with the Minister of Finance and National Treasury for a preliminary discussion on the Medium Term Budget Policy Statement which the Minister had delivered to Parliament the previous ...
Finance Standing Committee
Financial Intelligence Centre 2018/19 Annual Report; with Deputy Minister
16 Oct 2019
The Standing Committee was briefed by executives of the Financial Intelligence Centre (FIC) on the FIC’s report for the 2018/19 financial year.
Opening remarks were made by the Deputy Minister of Finance, who said a key priority of the government was to fight corruption and build an ...
Finance Standing Committee
PIC on its 2018/19 Annual Report, with Deputy Minister
15 Oct 2019
Public Investment Corporation 2018/19 Annual Report 9MB
Deputy Minister of Finance, Dr David Masondo, emphasised the importance of the Public Investment Corporation (PIC) investing R2 trillion in pension savings of workers. He said a shortage of capital was one of the causes of poor economic growth. Capital growth required savings and ...
Finance Standing Committee
National Treasury & SARS 2018/19 Annual Report, with Deputy Minister
9 Oct 2019
The Standing Committee met with the Deputy Minister of Finance and senior National Treasury (NT) officials to be briefed on the NT’s annual report, following a meeting the previous day with the Auditor General of South Africa (AGSA) on the Treasury’s audit outcomes, which had highlighted irregular ...
Finance Standing Committee
Induction & Stakeholder Engagement on their role, mandate & key strategic objectives, with Deputy Minister
20 Aug 2019
The Committee considered presentations from the eight entities represented at the induction meeting, starting with the National Treasury (NT), Financial Intelligence Centre (FIC), Government Technical Advisory Centre (GTAC) and the Cooperative Bank Development Agency (CBDA).
The Members sought clarity about the number of entities overseen by the NT -- how ...
Finance Standing Committee
National Treasury & SARS 2019/20 Annual Performance Plans
4 Jul 2019
The National Treasury Director General noted in his Annual Performance Plan briefing that legislation to be brought to Parliament included the Public Procurement Bill; the Municipal and Fiscal Powers and Functions Amendment Bill; and the Conduct of Financial Institutions Bill.
Committee members engaged National Treasury officials on what was being ...
Standing Committee on Appropriations
National Treasury 2018/19 Quarter 4 performance; Appropriation Bill 2019, with Deputy Minister
3 Jul 2019
Members of the two Committees expressed concern that under-spending by some departments indicated failures in service delivery. The under-spending was highlighted by National Treasury during a presentation on fourth-quarter spending by national government departments and public entities.
Treasury said 98.7% of the adjusted appropriation of R11 billion had been spent. ...