President Cyril Ramaphosa will tomorrow, Wednesday 21 October 2026, be in Parliament, as Minister of Finance Enoch Godongwana will be tabling the Medium Term Budget Policy Statement (MTBPS), Cape Town.
The Mid-Term budget plays a critical role in the entire budgetary process as it sets the tone for the country’s fiscal framework for the next national budget.
It also provides Parliament and South Africans with an update on how Treasury perceives the present economic realities.
The MTBPS taking place tomorrow will sets government policy goals and priorities, forecasts macroeconomic track and projects the fiscal framework over the next three years by outlining spending and revenue estimates, among others.
The MTBPS details are as follows:
Date: Wednesday, 21 October 2026
Time: 14h00
Venue: Good Hope Chambers, Cape Town
Enquiries: Vincent Magwenya - Spokesperson to the President Ramaphosa
Email: media@presidency.gov.za
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