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The Medium-Term Budget Policy Statement, sometimes referred to as the mini-budget, plays a critical role in the overall budget process, because it sets out the policy framework for the national budget that is to be presented in February of the following year. The Medium-Term Budget Policy Statement, or the MTBPS, as it is commonly known, also provides Parliament and the country as a whole with an update on how Treasury perceives the present economic situation. The mini budget also adjusts the budgets of government departments and makes emergency changes to spending. In this video, we explain the Medium-Term Budget Policy Statement, under the following headings: 0:00 Intro 0:33 Welcome To Our Channel 0:45 Topics to be covered 1:29 What is the Medium-Term Budget Policy Statement or MTBPS? 2:29 Which legislation are tabled during the MTBPS? 2:59 What is the role of Parliament in relation to the MTBPS? 3:50 When is the MTBPS tabled? 4:07 What happens after the tabling of the MTBPS? 4:57 Like and Subscribe 5:33 Why is the MTBPS important? 7:35 Budget Process Video 7:44 End #budgetspeech #budget2022 #minibudget #MTBPS2022 #MTBPS #RSABudget2022 @TreasuryRSA #parliament #publicadministration #governmentpolicy #budgeting #budgeting2022 #southafrica #financeminister #MTBPS2022 #publicpolicy #policy #government #politics #governance #research #development #publichealth #economics #community #sustainability #education #law #policymakers ##publicadministration #urbanplanning #fellowship #environment #change #climatechange #advocacy #journalism #politicians #congress #socialjustice#PublicFinancialManagement #PFM #PublicFinance #revenuemanagement #revenue #publicmanagement #government #publicrevenue #publicfinancemanagement #GovernmentFunds #tax #taxes #staterevenue #publicadministration #revenuemanager #statecompany #revenueenhancement #strategies #municipalrevenue #revenuegrowth #consulting ##publicadministration #governance #civilservices #publicpolicy #education #governmentjobs #generalstudies #publicpolicy #ethics #AccountingOfficers #government #culture #PFMA #MFMA #publicservice #consultkano #kanoconsultants #tvet #exampreparation #exam #examquestion #youtube #youtuber #youtubechannel #lesson Disclaimer: This publication and the information included in it are not intended to serve as a substitute for consultation with a professional. Specific issues, concerns and conditions always require the advice of an appropriate professional advisor. The use of the contained information is at the user's own discretion.
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