Public Finance Management Act, 1999 (Act No. 1 of 1999)

Chapter 4 : National and Provincial Budgets

28. Multi-year budget projections
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(1)The Minister and the MEC for finance in a province must annually table in the National Assembly and in that province's provincial legislature, respectively, a multi-year budget projection of—
(a)the estimated revenue expected to be raised during each year of the multi-year period; and
(b)the estimated expenditure expected to be incurred per vote during each year of the multi-year period, differentiating between capital and current expenditure.

 

(2)A multi-year budget projection tabled by the Minister must contain the Minister's key macro-economic projections.