Category: Budgets and Finance
Reference Title: What is a government budget ?
Date: 2006-11-27
Technically speaking, a government budget is a document that sets out how a government in power in a particular country proposes to collect and spend money.
Category: Budgets and Finance
Reference Title: What kind of budget system does South Africa have ?
Date: 2006-11-27
South Africa adopted a rolling budget system in 1998 called the Medium-Term Expenditure Framework (MTEF). It allows the government to plan its spending over a three-year horizon in line with its medium-term policy priorities. The MTEF is made public every year in parliament on Budget Day and contains the following elements: