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2016 Medium Term Budget Policy Statement

2016 Medium Term Budget Policy Statement Speech Minister of Finance Pravin Gordhan 26 October 2016 2016 Medium Term Budget Policy Statement Speech Check against delivery 2 Honourable Speaker Mister President Deputy President Cabinet Colleagues and Deputy Ministers Chief Whip Leaders of all political parties Governor of the Reserve Bank MECs for Finance Representatives of organised business and labour Civil society and faith community leaders Honourable Members Fellow South Africans Molweni! Dumelang! Goeie middag! It is my privilege to present the twentieth Medium Term Budget Policy Statement for consideration of the House and all South Africans.

2016 Medium Term Budget Policy Statement Speech Check against delivery 3 Introduction The first MTBPS was tabled in December 1997 during the term of President Mandela’s government. Its purpose was stated as follows:

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