Transcription of 1. INTRODUCTION 1
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Contents 1. INTRODUCTION .. 1 2. BUDGETING framework .. 2 3. PRINCIPLES FOR THE 2022 MTEF .. 3 4. BUDGET SUBMISSION .. 4 5. COMPONENTS OF SUBMISSION .. 4 6. CRITICAL DATES .. 9 7. COMPOSITION OF TECHNICAL AND FUNCTIONAL GROUP .. 10 8. SUMMARY OF THE BUDGET PROCESS .. 13 9. BUDGET REFORM UPDATE .. 14 1. INTRODUCTION Purpose of the guidelines The medium -Term expenditure framework (MTEF) Technical guidelines are issued in accordance with section 27(3) of the Public Finance Management Act (PFMA), Act No. 1 of 1999. The guidelines provide national government departments, as well as public institutions, with guidance on how to prepare their medium -term budget estimates for the 2022 Budget.
1.2. The guidelines provide an outline of the fiscal strategy for the 2022 medium-term expenditure framework as well as guidance on the data required to inform budget deliberations. The outcome of the deliberations will be recommended first to the Medium-Term Expenditure Committee and then the Minister’s Committee on the
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