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"content": "responsible for national financial matters and only in the National Assembly. The National Assembly of South Africa is the House tasked with approving the budget and any revenue- raising measures proposed by the national government. Indeed, Section 9 of the South Africa’s Money Bills Amendment Procedure and Related Matters Act of 2009 provides as follows: (1)After the adoption of the fiscal framework, the Division of Revenue Bill must be referred to the Committee on Appropriations of the National Assembly for consideration and report; and, (2) After the Bill is referred to the National Council of Provinces, the Bill must be referred to the Committee on Appropriations of the Council for consideration and report. Hon. Members, there are two pickings from the above quoted provisions from the Parliament of South Africa. First, there is an inviolable link between the revenue Bills and the budget fiscal framework, which in the case of Kenya is the Budget Policy Statement. It is therefore instructive that the formulation and introduction of a revenue Bill must be derived from and based on the fiscal framework."
}