1996 Statements

NEDLAC'S DISCUSSIONS ON THE 1996-97 BUDGET BROADEN TRANSPARENCY AND PARTICIPATION

13 March 1996

With the Minister of Finance, Mr Chris Liebenberg, delivering the 1996-97 Budget speech in Parliament this afternoon, a unique process in Nedlac comes to an end.

From the start of the discussions on the Budget, the social partners in Nedlac's Public Finance and Monetary Policy Chamber characterised their deliberations as a rigorous exchange of information and points of view in order to maximise a common understanding of the various opinions they hold on the Budget. The partners acknowledged that the Minister of Finance remains solely responsible for the Budget, and in this spirit did not seek a formal agreement on the Budget.

This approach, therefore, provided government with an opportunity to hear business and labour viewpoints on the Budget, as well as their responses to Budget-related proposals. Government also used the chamber as a vehicle for providing the social partners with information on the 1996-97 Budget when Mr Liebenberg and his deputy, Mr Alec Erwin, as well as government-department officials gave presentations to the chamber.

Both business and labour also participated in the Department of State Expenditure's function and Budget committees, which are responsible for addressing the spending priorities of the various line departments in the context of the broad budgetary guidelines, as well as for evaluating inputs by national and provincial departments on the expenditure priorities for the 1996-97 financial year.

As agreed in the chamber, government also held bilaterals with business and labour to address specific issues of concern to their constituencies. The chamber also identified core issues that will need to be addressed during discussions on the 1997-98 Budget, as well as issues government should consider in the context of a medium to long-term budgetary framework.

These discussions in Nedlac signal a positive step towards transparency in the Budget process, and should be seen as the starting point of an upcoming programme of substantial policy discussion in the chamber.

 

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