Public Finance Management Act, 1999 (Act No. 1 of 1999)

Notices

Statement of National Revenue, Expenditure and Borrowing as at 28 February 2021

Notice No. 156 of 2021
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Notice No. 156

30 March 2021

GG 44359

National Treasury

 

The statement of actual revenue, expenditure and borrowings with regard to the National Revenue Fund as at the end of February 2020/2021 fiscal year is hereby published in terms of section 32(1) of the Public Finance Management Act, 1999.

Detailed information is available on the website of the National Treasury at www.treasury.gov.za click the Communications & Media link - Press Releases - Monthly Press Releases

 

Summary table of national revenue, expenditure and borrowing for the month ended 28 February 2021

 

R thousand

Table

2020/21

2019/20

Revised Estimate

February

Year to date

Audited outcome 2

February

Year to date



 

 

 

 

 

 

Revenue

1

1,200,785,661

132,745,358

1 ,089,178,509

1,345,880,147

144,478,940

1 ,202,875,767

 

 

 

 

 

 

 

Expenditure

2

1,804,174,081

145,575,978

1,611,217,466

1,691,133,187

142,325,970

1,497,980,636

 

 

 

 

 

 

 

Appropriation by vote

2

1 ,025,349,737

71,862,220

893,154,572

945,130,248

68,781,631

819,504,949

 

 

 

 

 

 

 

Direct charges against the NRF

2

782,517,261

73,713,758

718,062,894

746,002,939

73,544,339

678,475,687

Debt-service costs

 

233,027,798

32,103,380

211,439,851

204,769,350

29,392,738

185,696,179

Provincial equitable share

 

520,717,021

38,954,457

481,762,554

505,553,753

42,129,475

463,424,278

General fuel levy sharing with metropolitan municipalities

 

14,026,878

-

9,351,256

13,166,793

-

8,777,859

Other payments

 

 

 

 

 

 

 

Payments in terms of Section 70 of the PFMA

 

217,761

266,904

484,665

-

-

-

South African Express Airways

 

143,395

266,904

410,299

-

-

-

Land and Agricultural Development Bank of SA

 

74,366

-

74,366

-

-

-

Skill Levy and SETAs

 

10,174,611

1,635,698

10,951,403

18,283,844

1,703,401

16,709,165

Other costs

 

4,353,192

753,319

4,073,165

4,229,199

318,725

3,868,206

National government projected underspending

 

(3,692,917)

-

-

-

-

-

 

 

 

 

 

 

 

 

Main budget balance

 

(603,388,420)

(12,830,620)

(522,038,956)

(345,253,040)

2,152,970

(295,104,869)

 

 

 

 

 

 

 

 

Financing of the net borrowing requirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic short-term loans (net)

3

97,183,520

(13,560,314)

87,425,427

36,077,502

(2,500,139)

71,934,918

 

 

 

 

 

 

 

 

Domestic long-term loans (net)

3

465,992,000

42,446,719

477,764,812

286,021,581

29,159,155

260,604,531

 

 

 

 

 

 

 

 

Foreign loans (net)

3

92,653,000

-

77,503,430

24,823,043

-

49,515,310

 

 

 

 

 

 

 

 

Change in cash and other balances 1

3

(52,440,100)

(16,055,785)

(120,654,713)

(1,669,086)

(28,811,986)

(86,949,890)

 

 

 

 

 

 

 

 

Total financing (net)

 

603,388,420

12,830,620

522,038,956

345,253,040

(2,152,970)

295,104,869

1) A negative value indicates an increase in cash and other balances. A positive value indicates that cash is used to finance part of the borrowing requirement.