Notices > Statement of National Revenue, Expenditure and Borrowings as at 31 March 2023

Notice No. 1775

28 April 2023

GG 48485

National Treasury

The statement of actual revenue, expenditure and borrowings with regard to the National Revenue Fund as at the end of March 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 31 March 2023

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

Revenue	1	1 703 571 089	171 647 572	1 687 256 941	1 564 389 837	164 398 788	1 564 389 837

Expenditure	2	2 003 986 285	225 649 689	2 005 097 476	1 887 451 227	199 010 848	1 887 451 227

Appropriation by vote	2	1 099 035 660	141 717 033	1 085 152 478	1 031 822 641	121 263 601	1 031 822 641

Direct charges against the NRF	2	919 958 997	83 932 656	919 944 998	855 628 586	77 747 247	855 628 586
Debt-service costs		307 738 809	28 049 249	308 457 393	268 071 602	22 420 413	268 071 602
Provincial equitable share		570 868 206	48 742 317	570 868 206	544 834 911	48 239 204	544 834 911
General fuel levy sharing with metropolitan municipalities		15 334 823	5 111 609	15 334 823	14 617 279	4 872 425	14 617 279
Skill Levy and SETAs		21 238 137	1 691 408	20 808 849	19 011 610	1 553 233	19 011 610
Other costs		4 472 765	338 083	4 275 068	6 062 298	657 200	6 062 298
Payments in terms of Section 70 of the PFMA		306 257	-	200 659	3 030 886	4 772	3 030 886
Denel (Public Enterprises)		204 700	-	200 659	3 030 886	4 772	3 030 886
Land and Agriculture Development Bank of South Africa		101 557	-	-	-	-	-
National government projected underspending		(20 008 372)	-	-	-	-	-

Main budget balance		(300 415 196)	(54 002 117)	(317 840 535)	(323 061 390)	(34 612 060)	(323 061 390)

Financing of the net borrowing requirement

Domestic short-term loans (net)	3	(25 492 940)	6 205 772	(25 577 428)	(7 954 770)	(2 304 116)	(7 954 770)

Domestic long-term loans (net)	3	239 274 514	25 069 189	247 857 539	228 921 382	24 968 353	228 921 382

Foreign loans (net)	3	48 703 988	-	48 703 988	27 396 681	11 128 875	27 396 681

Change in cash and other balances 1	3	37 929 634	22 727 156	46 856 436	74 698 097	818 947	74 698 097

Total financing (net)		300 415 196	54 002 117	317 840 535	323 061 390	34 612 060	323 061 390

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.

*) Figures for the month of March, prior year have been adjusted to be in line with Audited Outcome.

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

Notices

Statement of National Revenue, Expenditure and Borrowings as at 31 March 2023

Notice No. 1775 of 2023