Gvt Launches 2021 BSP Budget

Finance and Economic Development Minister Mthuli Ncube has today launched a 2021 Budget Strategy Paper (BSP) to ensure, broader stakeholder involvement in policy formulation processes.

“Government is launching the 2021 Budget Strategy Paper (BSP) in line with the New Dispensation’s commitment of ensuring broader stakeholder involvement in policy formulation processes, that way generating effective public participation in policy and programmes implementation. He said.

Minister Ncube said the BPS is a guide for the forthcoming 2021 National Budget.

“Accordingly, the 2021 Budget Strategy Paper (BSP) constitutes a valuable tool, meant to guide consultative discussions and sharing of ideas on national priority policies, programmes and projects for the forthcoming 2021 National Budget,” said Minister Ncube.

Meanwhile, Minister Mthuli Ncube said, the BSP is meant to protect the nation against future disasters.

“The Budget Strategy Paper focusses on strengthening the economy to withstand any potential climatic (drought, cyclones, floods, pests) and macroeconomic shocks, as we focus on attaining inclusive and sustainable growth towards Vision 2030.”

The 2021 Budget Strategy Paper was launched with the theme “Building Resilience and Economic Recovery Post COVID-19”.