Notices > Statement of National Revenue, Expenditure and Borrowing as at 31 December 2020

Notice No. 27

29 January 2021

GG 44105

National Treasury

The statement of actual revenue, expenditure and borrowings with regard to the National Revenue Fund as at the end of December 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 30 December 2020

R thousand	Table	2020/21			2019/20
R thousand	Table	Revised Estimate	December	Year to date	Preliminary outcome 2	December	Year to date

Revenue	1	1,097,931,728	176 370 694	868 956 609	1,345,880,147	160 349 623	967 040 298

Expenditure	2	1,805,758,440	171 319 375	1 301 929 668	1,691,133,187	162 518 733	1 216 751 733

Appropriation by vote	2	1 025 349 737	103 042 121	732 199 382	945,130,248	92 964 228	674 988 157

Direct charges against the NRF	2	782 517 261	68 277 254	569 730 286	746,002,939	69 554 505	541 763 576
Debt-service costs		233 027 798	23 505 078	145 633 087	204,769,350	21 145 008	127 494 958
Provincial equitable share		520 717 021	44,872,625	403 853 640	505,553,753	42,129,478	379 165 326
General fuel levy sharing with metropolitan municipalities		14,026,878	4 675 628	9 351 256	13,166,793	4 388 931	8 777 859
Other payments
Payments in terms of Section 70 of the PFMA		217 761	-	217,761	-	-	-
South African Express Airways		143 395	-	143,395	-	-	-
Land and Agricultural Development Bank of SA		74,366	-	74,366	-	-	-
Payments in terms of Section 6(1)(b) of the Appropriation act		-	(6,571,667)	-	-	-	9,700,000
South African Airways3		-	(6,571,667)		-	-	5,500,000
South African Express Airways		-	-	-	-	-	300,000
Denel		-	-	-	-	-	1,800,000
SABC		-	-	-	-	-	2,100,000
Skill Levy and SETAs		10 174 611	1 486 244	7 650 147	18,283,844	1 484 863	13 323 070
Other costs		4 353 192	309 346	3 024 395	4,229,199	406 225	3 302 363
National government projected underspending		(2,108,558)	-	-	-	-	-

Main budget balance		(707,826,712)	5 051 319	(432 973 058)	(345,253,040)	(2 169 110)	(249 711 435)

Financing of the net borrowing requirement

Domestic short-term loans (net)	3	143,000,000	(33 015 782)	85 284 449	36,077,502	(16 508 019)	61 184 206

Domestic long-term loans (net)	3	410,035,000	45 711 722	400 644 835	286,021,581	23 853 310	228 294 561

Foreign loans (net)	3	106,956,000	-	77,503,430	24,823,043	-	49,515,310

Change in cash and other balances 1	3	47,835,712	(17 747 259)	(130 459 656)	(1,669,086)	(5 176 181)	(89 282 642)

Total financing (net)		707,826,712	(5 051 319)	432 973 058	345,253,040	2 169 110	249 711 435

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.

2) Audited outcome except Debt service-costs.

3) Payment has been allocated to Appropriation by vote.

[The balance of documents can be found in Notice No.27, GG44105, dated 29 January 2021]

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

Notices

Statement of National Revenue, Expenditure and Borrowing as at 31 December 2020

Notice No. 27 of 2021