Mboweni seeking to postpone tabling of mini budget

Mboweni seeking to postpone tabling of mini budget

Finance Minister Tito Mboweni has written to National Assembly Speaker Thandi Modise to request a postponement of the Medium Term Budget Policy Statement to 28 October.

Tito Mboweni on R80bn fiscal and monetary interventions
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Mboweni wants the mini budget, which is scheduled to be tabled on 21 October, to be deferred by a week. 


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Modise says the National Assembly's programming committee will consider the request.


"In his correspondence to the Speaker, Minister Mboweni highlights the recent complex decisions taken by cabinet in respect of the 2020/21 adjusted estimates and the 2021 MTEF, as well as the implications of the time frames for the finalisation of government's economic reconstruction and recovery plan on the budget process as reasons necessitating the proposed rescheduling," Modise said in a statement.


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