Statistics Act, 1999
R 385
Public Finance Management Act, 1999 (Act No. 1 of 1999)NoticesStatement of National Revenue, Expenditure and Borrowings as at 31 December 2023Notice No. 2293 of 2024 |
Notice No. 2293
30 January 2024
GG 50054
National Treasury
The statement of actual revenue, expenditure and borrowings with regard to the National Revenue Fund as at the end of December 2023/2024 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 2023
|
R thousand |
Table |
2023/24 |
2022/23 |
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|
Budget estimate |
October |
Year to date |
Audited* outcome |
December |
Year to date |
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|
Revenue |
1 |
1 714 845 974 |
212 038 696 |
1 225 562 280 |
1 699 218 534 |
228 225 490 |
1 226 210 480 |
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|
|
|
|
|
|
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Expenditure |
2 |
2 044 928 372 |
192 572 611 |
1 518 141 946 |
2 009 156 766 |
183 254 912 |
1 409 307 129 |
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|
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|
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Appropriation by vote |
2 |
1 065 041 658 |
103 255 996 |
821 217 473 |
1 088 182 405 |
98 873 545 |
771 553 161 |
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|
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Direct charges against the NRF |
2 |
982 826 497 |
89 316 615 |
696 924 474 |
920 974 361 |
84 381 367 |
637 753 968 |
|
Debt-service costs |
|
354 516 064 |
32 343 987 |
220 350 643 |
308 459 149 |
30 525 325 |
188 174 113 |
|
Provincial equitable share |
|
585 085 919 |
49 434 821 |
445 544 391 |
570 868 206 |
46 729 733 |
420 567 597 |
|
General fuel levy sharing with metropolitan municipalities |
|
15 433 498 |
5 144 499 |
10 288 998 |
15 334 823 |
5 111 607 |
10 223 214 |
|
Skill Levy and SETAs |
|
22 712 959 |
1 934 051 |
16 567 793 |
20 808 849 |
1 700 134 |
15 288 026 |
|
Other costs |
|
4 576 057 |
459 257 |
3 670 646 |
4 409 503 |
314 568 |
3 300 359 |
|
Payments in terms of Section 70 of the PFMA |
|
502 000 |
- |
502 003 |
1 093 830 |
- |
200 659 |
|
Denel (Public Enterprises) |
|
- |
- |
- |
204 700 |
- |
200 659 |
|
Land and Agriculture Development Bank of South Africa |
|
502 000 |
- |
502 003- |
889 130 |
- |
- |
|
Contingency reserve |
|
357 517 |
- |
- |
- |
- |
- |
|
National government projected underspending |
|
(797 300) |
- |
- |
|
- |
- |
|
Local government repayment to the National Revenue Fund |
|
(2 500 000) |
- |
- |
|
- |
- |
|
Main budget balance |
|
(330 082 398) |
19 466 085 |
(292 579 667) |
(309 938 232) |
44 970 578 |
(183 096 649) |
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|
Redemptions |
4 |
(155 515 000) |
(90 989 542) |
(105 845 933) |
(90 324 040) |
(545 821) |
(20 909 792) |
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Eskom debt-relief arrangement1 |
4 |
(78 000 000) |
(8 000 000) |
(44 000 000) |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
Gross borrowing requirement |
|
(563 597 398) |
(79 523 457) |
(442 425 600) |
(400 262 272) |
44 424 757 |
(204 006 441) |
|
|
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Financing of the net borrowing requirement |
|
|
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|
|
|
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Domestic short-term loans (net) |
3 |
48 000 000 |
11 339 345 |
94 750 753 |
(25 577 428) |
(4 357 236) |
(25 604 707) |
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|
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Domestic long-term loans (gross) |
3 |
375 800 354 |
24 539 516 |
260 881 582 |
322 419 979 |
15 257 648 |
255 919 159 |
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Foreign loans (gross) |
3 |
45 875 000 |
5 517 480 |
14 985 680 |
64 465 588 |
5 451 574 |
58 868 675 |
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Change in cash and other balances2 |
3 |
93 922 044 |
38 127 116 |
71 807 585 |
38 954 133 |
(60 776 743) |
(85 176 686) |
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|
|
|
|
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Total financing (gross) |
|
563 597 398 |
79 523 457 |
442 425 600 |
400 262 272 |
(44 424 757) |
204 006 441 |
1) Loan advance by National Treasury to Eskom In terms of the Eskom Debt Relief Act, 2023 (Act No.7 of 2023).
2) 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.
*) Audited outcome except for Debt-service costs.
