Notices > Statement of National Revenue, Expenditure and Borrowings as at 28 February 2023

Notice No. 1697

30 March 2023

GG 48295

National Treasury

The statement of actual revenue, expenditure and borrowings with regard to the National Revenue Fund as at the end of February 2022/2023 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 2023

R thousand	Table	2022/23			2021/22
R thousand	Table	Budget estimate	February	Year to date	Audited outcome	February	Year to date

Revenue	1	1 703 571 089	174 932 873	1 515 609 370	1 564 389 837	153 848 886	1 399 991 050

Expenditure	2	2 003 986 285	166 873 812	1 779 447 787	1 887 451 227	157 232 468	1 688 440 380

Appropriation by vote	2	1 099 035 660	73 577 366	943 435 445	1 031 822 641	64 254 780	910 559 040

Direct charges against the NRF	2	919 958 997	93 296 446	836 012 342	855 628 586	92 977 688	777 881 340
Debt-service costs		307 738 809	42 329 160	280 408 144	268 071 602	37 899 657	245 651 190
Provincial equitable share		570 868 206	48 742 317	522 125 899	544 834 911	52 837 880	496 595 707
General fuel levy sharing with metropolitan municipalities		15 334 823	-	10 223 214	14 617 279	-	9 744 854
Skill Levy and SETAs		21 238 137	1 894 896	19 117 441	19 011 610	1 752 964	17 458 377
Other costs		4 472 765	330 073	3 936 985	6 062 298	378 690	5 405 098
Payments in terms of Section 70 of the PFMA		306 257	-	200 659	3 030 886	108 497	3 026 114
Denel (Public Enterprises)		204 700	-	200 659	3 030 886	108 497	3 026 114
Land and Agriculture Development Bank of South Africa		101 557	-	-	-	-	-
National government projected underspending		(15 008 372)	-	-	-	-	-

Main budget balance		(300 415 196)	8 059 061	(263 838 417)	(323 061 390)	(3 383 582)	(288 449 331)

Financing of the net borrowing requirement

Domestic short-term loans (net)	3	(25 492 940)	(1 461 396)	(31 783 200)	(7 954 770)	2 124 947	(5 650 654)

Domestic long-term loans (net)	3	239 274 514	(44 469 025)	222 788 350	228 921 382	25 287 603	203 953 029

Foreign loans (net)	3	48 703 988	-	48 703 988	27 396 681	-	16 267 806

Change in cash and other balances 1	3	37 929 634	37 871 360	24 129 279	74 698 097	(24 028 968)	73 879 150

Total financing (net)		300 415 196	(8 059 061)	263 838 417	323 061 390	3 383 582	288 449 331

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.

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

Notices

Statement of National Revenue, Expenditure and Borrowings as at 28 February 2023

Notice No. 1697 of 2023