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"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]