The Minister of Finance and Economic Development Mthuli Ncube will on Thursday 28th July present, not only the Mid-term Fiscal Policy Statement, but also a Supplementary Budget for this year.
The Supplementary Budget is sure to require a Supplementary or Additional Appropriation Bill and likely a Finance Bill.
A supplementary budget is a request by state departments and agencies for additional funding in the course of a financial year.
It is meant to take care of expenditure that was not factored in during budget-making.
Zwnews
