With the Fiscal Framework and Revenue Proposals adopted on 2 April 2025, the next stages of the budget process will determine how public funds are distributed and spent. These decisions impact essential services, infrastructure, and economic programs across the country. Understanding this process helps businesses, organizations, and policymakers anticipate financial shifts and make informed decisions. So, what’s next? Let’s break it down.
Step 1: Fiscal Framework and Revenue Proposals Adopted
Completed on 2 April 2025
This step set the stage for everything that follows. It defines the government’s economic stance, revenue expectations, and overall spending ceiling. Now that the groundwork is laid, it’s time to distribute the funds.
Step 2: Division of Revenue Bill – Who Gets What?
Scheduled NA Sitting: 6 May 2025
This is where the budget starts taking shape. The Division of Revenue Bill determines how the national budget is divided among national, provincial, and local governments. This ensures each sphere gets its fair share to deliver essential services. Parliament must finalize this within 35 days of adopting the Fiscal Framework.
Step 3: Appropriation Bill – The Fine Print of Spending
Scheduled NA Sitting: 10 June 2025
Now comes the real nitty-gritty. The Appropriation Bill details exactly how much each department and program receives. It’s the moment of truth for government agencies, as funding decisions impact policies, projects, and service delivery. Parliament has four months from 1 April to pass this critical piece of legislation.
Why This Matters to You
These steps aren’t just procedural—they shape the financial landscape for businesses, NGOs, and service providers. Understanding them gives you a strategic advantage, whether you’re navigating funding opportunities, influencing policy, or ensuring your interests are represented.
As specialists in parliamentary monitoring, stakeholder management, and lobbying, we help clients stay ahead of legislative developments and engage effectively with decision-makers.
Want to position yourself strategically in this evolving fiscal landscape? Get in touch with us today!
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