Coronavirus – South Africa: Parliament and the 2020 Supplementary Adjustment Budget

Parliament is moving closer to final consideration of the supplementary 2020 Adjustment Budget, which Minister of Finance Mr Tito Mboweni tabled on 24 June. The Public Finance Management Act and the Money Bills Amendment Procedure and Related Matters Act empowers the Minister of Finance to table an adjustments budget, when necessary. A special Adjustment Budget became necessary because of the COVID-19 pandemic and increased economic downturn in the country. Parliament must approve the supplem...