Budget Speech 2018Summary of the Consolidated Budget |
Summary of the Consolidated Budget
R million |
2017/18 |
2018/19 |
2019/20 |
2020/21 |
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Budget estimate |
Revised estimate |
Budget estimate |
Medium term estimates |
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National budget revenue (1) |
1 242 417 |
1 194 585 |
1 321 146 |
1 427 785 |
1 542 655 |
Revenue of provinces, social security funds and public entities |
171 684 |
159 044 |
169 570 |
181 884 |
194 247 |
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Consolidated budget revenue (2) |
1 414 101 |
1 353 629 |
1 490 716 |
1 609 669 |
1 736 902 |
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National budget expenditure (1) |
1 409 215 |
1 411 930 |
1 512 200 |
1 632 571 |
1 757 452 |
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Expenditure of provinces, social security funds and public entities |
1 53 912 |
146 029 |
158 990 |
170 385 |
184 496 |
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Consolidated budget expenditure (2) |
1 563 127 |
1 557 959 |
1 671 190 |
1 802 955 |
1 941 948 |
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Consolidated budget balance |
-149 026 |
-204 329 |
-180 473 |
-193 286 |
-205 045 |
Percentage of GDP |
-3.1% |
-4.3% |
-3.6% |
-3.6^ |
-3.5% |
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FINANCING |
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Domestic loans (net) |
151 631 |
201 011 |
173 704 |
174 333 |
185 301 |
Foreign loans (net) |
19 585 |
29 774 |
35 932 |
-6 205 |
29 398 |
Change in cash and other balances |
-22 191 |
-26 456 |
-29 163 |
25 158 |
-9 653 |
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Total financing (net) |
149 026 |
204 329 |
180 473 |
193 286 |
205 045 |
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(1) | Transfers to provinces, social security funds and public entities presented as part of the national budget. |
(2) | Flows between national, provincial, social security funds and public entities are netted out. |
Source: National Treasury