Financial Institutions (Protection of Funds) Act, 2001
R 385
"fiscal framework"
means the framework covering the period of the MTEF that gives effect to the national executive’s macro-economic policy and includes—
| (a) | estimates of all revenue proposals, budgetary and extra-budgetary specified separately, estimated to be raised during that period; |
| (b) | estimates of all expenditure, budgetary and extra-budgetary specified separately, for that period; |
| (c) | estimates of borrowing for that period; |
| (d) | estimates of interest and debt servicing charges; and |
| (e) | an indication of the contingency reserve necessary for an appropriate response to emergencies or other temporary needs, and other factors based on similar objective criteria; |
[Definition substituted by section 1(h) of Notice No. 17, GG 42170, dated 17 January 2019]
