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

Notices

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

Notice No. 462 of 2020
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Notice No. 462

28 August 2020

GG 43663

National Treasury

 

The statement of actual revenue, expenditure and borrowings with regard to the National Revenue Fund as at the end of May 2020/2021 financial 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 July 2020

 

R thousand

Table

2020/21

2019/20

Revised Estimate

July

Year to date

Preliminary outcome

July

Year to date


 

 

 

 

 

 

Revenue

1

1,099,513,647

62,846,313

302,602,601

1,343,559,183

73,749,810

391,736,524

 

 

 

 

 

 

 

Expenditure

2

1,809,175,080

197,375,961

562,953,968

1,689,832,415

172,853,789

548,305,013

 

 

 

 

 

 

 

Appropriation by vote

2

987,653,947

118,355,901

314,729,058

943,831,322

101,551,864

303,434,060

 

 

 

 

 

 

 

Direct charges against the NRF

2

804,731,807

79,020,060

248,224,910

746,001,093

71,301,925

244,870,953

Debt-service costs

 

236,444,437

33,793,248

62,983,805

204,769,350

27,300,430

55,395,133

Provincial equitable share

 

538,471,528

44,872,627

179,490,508

505,553,753

42,129,482

168,517,930

General fuel levy sharing with metropolitan municipalities

 

14,026,878

-

-

13,166,793

-

-

Eskom - payment in terms of Section 16(1) of the PFMA 2

 

-

-

-

-

-

13,500,000

Skill Levy and SETAs

 

11,290,516

54,518

4,366,330

18,283,843

1,388,691

5,837,182

Other costs

 

4,485,448

299,667

1,384,267

4,227,354

483,322

1,620,708

 

 

 

 

 

 

 

 

Provisional allocation for contingencies not assigned to votes

 

7,021,000

-

-

-

-

-

Provisional allocation for Eskom restructuring

 

23,000,000

-

-

-

-

-

Provisional allocation for COVID-19 fiscal relief package

 

19,575,326

 

 

 

 

 

Compensation of employees adjustment

 

(37,807,000)

-

-

-

-

-

 

 

 

 

 

 

 

 

Contingency reserve

 

5,000,000

-

-

-

-

-

 

 

 

 

 

 

 

 

Main budget balance

 

(709,661,433)

(134,529,648)

(260,351,368)

(346,273,233)

(99,103,979)

(156,568,489)

 

 

 

 

 

 

 

 

Financing of the net borrowing requirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic short-term loans (net)

3

146,000,000

26,289,577

91,565,712

36,077,502

4,387,554

70,497,731

 

 

 

 

 

 

 

 

Domestic long-term loans (net)

3

410,035,000

60,600,922

177,492,572

286,021,581

22,800,224

85,522,760

 

 

 

 

 

 

 

 

Foreign loans (net)

3

110,568,000

86,911,584

72,502,233

24,823,043

-

(25,875,834)

 

 

 

 

 

 

 

 

Change in cash and other balances 1

3

43,058,433

(39,272,435)

(81,209,149)

(648,893)

71,916,201

26,423,832

 

 

 

 

 

 

 

 

Total financing (net)

 

709,661,433

134,529,648

260,351,368

346,273,233

99,103,979

156,568,489

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.