Finance Minister, Professor Mthuli Ncube, has emphasised the importance of Parliament’s deliberations on the 2027 National Budget.
In a statement, yesterday, Professor Ncube said parliamentary deliberations were an important part of the budget formulation process, as they enabled stakeholders to contribute ideas on how public funds should be allocated.
“Parliament’s deliberations on the 2027 National Budget priorities are important in shaping the country’s resource allocation framework,” he said.
He said Treasury was prepared to listen to the proposals presented during the consultation process and record submissions that could help inform the formulation of the forthcoming national budget.
“We stand ready to listen to the views and proposals coming from Parliament and other stakeholders, as these submissions will help inform the 2027 National Budget,” Professor Ncube said.
The Minister said the input received would contribute to discussions on competing national needs and the allocation of resources in line with the country’s development priorities.
“Budget consultations provide an important platform for identifying priorities and considering how available resources can best be allocated to support the country’s development objectives,” he said.
Professor Ncube added that submissions made during the process would be recorded for consideration as Treasury works towards preparing the 2027 fiscal plan.
“We value the contributions made through this process and are committed to recording the submissions to inform the 2027 National Budget,” he said.
The 2027 National Budget is expected to set out the Government’s proposed revenue and expenditure framework for the coming financial year, outlining how public resources will be mobilised and distributed across key sectors.
Parliamentary input forms part of the broader budget consultation process, allowing national priorities and resource requirements to be discussed before the final budget proposals are presented.
