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Chapter 3 17

Chapter 3 17

www.treasury.gov.za

2016 MEDIUM TERM BUDGET POLICY STATEMENT 26 The main budget deficit, which is equivalent to government’s borrowing requirement, is set to stabilise at 3.2 per cent of GDP over the next three

  Policy, 2016, Terms, Chapter, Medium, Testament, Budget, Chapter 3, 2016 medium term budget policy statement

2016 Medium Term Budget Policy Statement

2016 Medium Term Budget Policy Statement

www.treasury.gov.za

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:

  Policy, 2016, Terms, Medium, Testament, Budget, 2016 medium term budget policy statement

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Chapter 3, 2016 Medium Term Budget Policy Statement