Madam Speaker, I thank the President and Deputy President for their courageous leadership during these testing times. A word of appreciation to the Deputy Minister of Finance, Dr. David Masondo. Thanks to the Director‐General Mogajane and his dedicated team at the National Treasury.

My thanks also go to the Commissioner of the South African Revenue Service, Mr. Edward Kieswetter and his hard‐working colleagues for the tremendous job they are doing. My gratitude to the Governor of the South African Reserve Bank Mr. Lesetja Kganyago and the outstanding staff of the Bank.

I particularly appreciate my colleagues in Cabinet and the wisdom of the Ministers’ Committee on the Budget. I also thank my colleagues in the Budget Council. I am grateful to the Parliamentary Committees who also work tirelessly on the budget.

Finally, to the millions of South Africans who faced, and continue to face, enormous difficulties and challenges, we ask you to take courage, persevere and walk with us. Above all, let us heed the counsel of Archbishop Tutu: See that there is light despite all of the darkness. A prosperous future is possible for our beautiful country. Gloria est consequenda – Glory must be sought after!

I thank you.