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 March 2024Notice No. 2444 of 2024 |
Notice No. 2444
30 April 2024
GG 50583
National Treasury
The statement of actual revenue, expenditure and borrowings with regard to the National Revenue Fund as at the end of March 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 March 2024
|
R thousand |
Table |
2023/24 |
2022/23 |
||||
|
Budget estimate |
March |
Year to date |
Audited outcome |
March* |
Year to date |
||
|
|
|
|
|
|
|
||
|
Revenue |
1 |
1 712 835 566 |
185 247 089 |
1 722 481 645 |
1 699 218 536 |
173 437 558 |
1 699 218 536 |
|
|
|
|
|
|
|
|
|
|
Expenditure |
2 |
2 044 221 619 |
183 180 206 |
2 046 873 082 |
2 009 156 766 |
229 708 979 |
2 009 156 766 |
|
|
|
|
|
|
|
|
|
|
Appropriation by vote |
2 |
1 065 041 658 |
100 728 911 |
1 062 069 287 |
1 088 182 405 |
144 746 960 |
1 088 182 405 |
|
|
|
|
|
|
|
|
|
|
Direct charges against the NRF |
2 |
984 780 029 |
82 451 295 |
984 803 795 |
920 974 361 |
84 962 019 |
920 974 361 |
|
Debt-service costs |
|
356 140 933 |
34 081 533 |
356 109 897 |
308 459 149 |
28 051 005 |
308 459 149 |
|
Provincial equitable share |
|
585 085 919 |
40 871 444 |
585 085 919 |
570 868 206 |
48 742 307 |
570 868 206 |
|
General fuel levy sharing with metropolitan municipalities |
|
15 433 498 |
5 144 500 |
15 433 498 |
15 334 823 |
5 111 609 |
15 334 823 |
|
Skill Levy and SETAs |
|
22 712 959 |
1 827 044 |
22 424 464 |
20 808 850 |
1 691 409 |
20 808 850 |
|
Other costs |
|
4 904 720 |
526 774 |
5 248 014 |
4 409 503 |
472 518 |
4 409 503 |
|
Payments in terms of Section 70 of the PFMA |
|
502 000 |
- |
502 003 |
1 093 830 |
4 041 |
1 093 830 |
|
Denel (Public Enterprises) |
|
- |
- |
- |
204 700 |
4 041 |
204 700 |
|
Land and Agriculture Development Bank of South Africa |
|
502 000 |
- |
502 003 |
889 130 |
889 130 |
889 130 |
|
National government projected underspending |
|
(3 100 068) |
- |
- |
|
- |
- |
|
Local government repayment to the National Revenue Fund |
|
(2 500 000) |
- |
- |
|
- |
- |
|
Main budget balance |
|
(331 386 053) |
2 066 882 |
(324 391 439) |
(309 938 230) |
(56 271 421) |
(309 938 230) |
|
|
|
|
|
|
|
|
|
|
Redemptions |
4 |
(145 758 556) |
(431 291) |
(144 394 798) |
(90 324 040) |
(529 564) |
(90 324 040) |
|
|
|
|
|
|
|
|
|
|
Eskom debt-relief arrangement1 |
4 |
(76 000 000) |
(18 000 000) |
(76 000 000) |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
Gross borrowing requirement |
|
(553 144 609) |
(16 364 409) |
(544 786 237) |
(400 262 270) |
(56 800 985) |
(400 262 270) |
|
|
|
|
|
|
|
|
|
|
Financing of the net borrowing requirement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Domestic short-term loans (net) |
3 |
88 000 000 |
(11 309 591) |
88 744 698 |
(25 577 428) |
6 205 772 |
(25 577 428) |
|
|
|
|
|
|
|
|
|
|
Domestic long-term loans (gross) |
3 |
327 900 000 |
27 488 393 |
336 238 898 |
322 419 979 |
25 598 753 |
322 419 979 |
|
|
|
|
|
|
|
|
|
|
Foreign loans (gross) |
3 |
45 166 000 |
1 679 390 |
45 662 970 |
64 465 588 |
- |
64 465 588 |
|
|
|
|
|
|
|
|
|
|
Change in cash and other balances2 |
3 |
92 078 609 |
(1 493 783) |
74 139 671 |
38 954 131 |
24 996 460 |
38 954 131 |
|
|
|
|
|
|
|
|
|
|
Total financing (gross) |
|
553 144 609 |
16 364 409 |
544 786 237 |
400 262 270 |
56 800 985 |
400 262 270 |
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.
*) Figures for the month of March, prior year have been adjusted to be in line with Audited Outcome.
