The National Treasury will host a fiscal policy engagement with civil society organisations, businesses, professionals, and interested citizens to discuss government’s spending.
“South Africa currently grapples with low
economic growth, high debt, and competing demands for funding. To address these challenges, government seeks to collaborate with society to foster a shared understanding of these realities and seek innovative ideas that can enhance fiscal sustainability,” the National Treasury said.This engagement builds on the Cabinet endorsing the 2026 Medium Term Expenditure Framework (MTEF) Technical Guidelines.
The guidelines outline key actionable reforms to clarify trade-offs, reduce waste, and prioritise high-impact programs.
Importantly, the guidelines outline the economic environment under which the 2026 MTEF is formulated, signals recommendations from the review that will be implemented and incorporates lessons learned from the 2025 budget cycle.
The 2026 MTEF are available via: https://www.treasury.gov.za/publications/guidelines/2026%20MTEF%20Guidelines.pdf.
The engagement will be held on 22 August 2025 at the Development Bank of Southern Africa. It aims to provide an overview of the country’s macro-fiscal situation and the choices government faces.
Key discussion points will include:
- How to manage trade-offs with government’s budget constraint?
- How should the country execute policy ambition with the reality of low economic growth and high debt?
- How can South Africa create collective ownership of sustainable public finances and high-quality services?
Register to attend in-person here: https://forms.office.com/pages/responsepage.aspx?id=jzRFGrQCmk-nqHeG9t0yRdW4EsK0v2dDrZOa9lKPzolUNDY3V1VFVzdRSlNJVlhMRUdBUzlHWkNYWS4u&route=shorturl.
The venue only takes 100 people and therefore a first-come-first-served basis will apply. A registration link for virtual attendance will be provided should capacity be reached.
Written submissions may be sent to fiscal.policy@treasury.gov.za, with no more than three pages. Submissions should be sent by 30 August 2025.
Selected contributors may be invited to present their ideas during a panel session. - SAnews.gov.za
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