Files
Attachment | Size |
---|---|
b5-2020fiscalresponsibility.pdf | 166.54 KB |
The Fiscal Responsibility Bill B5-2020 aims:
- To promote fiscal responsibility by obligating the Republic of South Africa to reduce its debt levels and its exposure to debt;
- to introduce fiscal rules for the management of debt and government guarantees;
- to provide for reporting requirements;
- to provide for the review of the fiscal rules;
- to provide for certain exemptions from the fiscal rules;
- to increase transparency and fiscal responsibility;
- and to provide for matters connected therewith.