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

Notices

Statement of National Revenue, Expenditure and Borrowings as at 31 December 2021

Notice No. 784 of 2021
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Notice No. 784

28 January 2022

GG 45819

National Treasury

 

The statement of actual revenue, expenditure and borrowings with regard to the National Revenue Fund as at the end of December 2021/2022 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 December 2021

 

R thousand

Table

2021/22

2020/21

Budget estimate

December

Year to date

Audited outcome

December

Year to date



 

 

 

 

 

 

Revenue

1

1 483 201 308

211 940 260

1 139 087 892

1 238 369 459

176 370 694

868 956 611

 

 

 

 

 

 

 

Expenditure

2

1 893 102 731

170 051 047

1 358 227 664

1 789 018 339

171 319 375

1 301 929 668

 

 

 

 

 

 

 

Appropriation by vote

2

1 028 457 408

90 767 590

762 556 393

1 004 428 081

103 042 121

732 199 382

 

 

 

 

 

 

 

Direct charges against the NRF

2

856 959 323

79 283 457

595 671 271

784 590 258

68 277 254

569 730 286

Debt-service costs

 

269 234 000

28 582 705

164 314 660

232 595 658

23 505 078

145 633 087

Provincial equitable share

 

544 834 911

48 512 956

404 989 724

520 717 021

44 872 625

403 853 640

General fuel levy sharing with metropolitan municipalities

 

14 617 279

-

4 872 427

14 026 878

4 675 628

9 351 256

Other payments

 

 

 

 

 

 

 

Payments in terms of Section 70 of the PFMA

 

2 923 000

191 295

2 916 929

484 664

-

217 761

South African Express Airways (Public Enterprise)

 

-

-

-

143 395

-

143 395

South African Airways (Public Enterprise)

 

-

-

-

266 903

-

-

Denel (Public Enterprises)

 

2 923 000

191 295

2 916 929

-

-

-

Land and Agricultural Development Bank of SA (National Treasury)

 

-

-

-

74 366

-

74 366

Payments in terms of Section 6(1)(b) of the Appropriation act 2020

 

-

-

-

-

(6 571 667)

-

South African Airways

 

-

-

-

-

(6 571 667)

-

Skill Levy and SETAs

 

18 932 767

1 569 645

13 925 436

12 412 974

1 486 244

7 650 147

Other costs

 

6 417 366

426 856

4 652 095

4 353 063

309 346

3 024 395

 

 

 

 

 

 

 

 

Provisional allocation not assigned to votes

 

11 000 000

-

-

-

-

-

National government projected underspending

 

(3 775 000)

-

-

-

-

-

Local government repayment to the National Revenue Fund

 

(2 500 000)

-

-

-

-

-

 

 

 

 

 

 

 

 

Contingency reserve

 

2 961 000

-

-

-

-

-

 

 

 

 

 

 

 

 

Main budget balance

 

(409 901 423)

41 889 213

(219 139 773)

(550 648 880)

5 051 319

(432 973 057)

 

 

 

 

 

 

 

 

Financing of the net borrowing requirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic short-term loans (net)

3

-

(1 384 946)

(8 205 286)

95 325 424

(33 015 782)

85 284 449

 

 

 

 

 

 

 

 

Domestic long-term loans (net)

3

224 235 371

20 296 122

217 804 444

470 195 263

45 711 722

400 644 835

 

 

 

 

 

 

 

 

Foreign loans (net)

3

73 664 000

-

16 267 806

77 503 430

-

77 503 430

 

 

 

 

 

 

 

 

Change in cash and other balances 1

3

112 002 052

(60 800 389)

(6 727 192)

(92 375 237)

(17 747 259)

(130 459 657)

 

 

 

 

 

 

 

 

Total financing (net)

 

409 901 423

(41 889 213)

219 139 773

550 648 880

(5 051 319)

432 973 057

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.