Madam Deputy Speaker, the MF acknowledges the importance of following procedure in every crevice of administrative action and government business.
The MF is pleased at the provisions of this Bill that serve to administer the money Bills process. We are further pleased at the establishment of a parliamentary budget committee. This will clearly allow Parliament to fulfil its constitutional duty to oversee government and to ensure that it upholds the values of democracy in every corner of South Africa and that it does this in accordance with legislation and policy.
At the moment, however, we are all praying for the rand to stabilise and hope that the changes that have rocked the market in Wall Street will be overcome. South Africa's potential should not rest on the stability of other markets.
The MF is pleased at the outcome of this Bill and the committee it wishes to establish. The MF supports the draft Money Bills Amendment Procedure and Related Matters Bill. I thank you, Madam Deputy Speaker.