Budget Speech 2018

R million

2017/18

2018/19

2019/20

2020/21

Budget

estimate

Revised estimate

Budget estimate

Medium term estimates

National budget revenue (1)

1 242 417

1 194 585

1 321 146

1 427 785

1 542 655

Revenue of provinces, social security funds and public entities

171 684

159 044

169 570

181 884

194 247

Consolidated budget revenue (2)

1 414 101

1 353 629

1 490 716

1 609 669

1 736 902

National budget expenditure (1)

1 409 215

1 411 930

1 512 200

1 632 571

1 757 452

Expenditure of provinces, social security funds and public entities

1 53 912

146 029

158 990

170 385

184 496

Consolidated budget expenditure (2)

1 563 127

1 557 959

1 671 190

1 802 955

1 941 948

Consolidated budget balance

-149 026

-204 329

-180 473

-193 286

-205 045

Percentage of GDP

-3.1%

-4.3%

-3.6%

-3.6^

-3.5%

FINANCING

Domestic loans (net)

151 631

201 011

173 704

174 333

185 301

Foreign loans (net)

19 585

29 774

35 932

-6 205

29 398

Change in cash and other balances

-22 191

-26 456

-29 163

25 158

-9 653

Total financing (net)

149 026

204 329

180 473

193 286

205 045