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

Notices

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

Notice No. 27 of 2021

 

Notice No. 27

29 January 2021

GG 44105

 

National Treasury

 

The statement of actual revenue, expenditure and borrowings with regard to the National Revenue Fund as at the end of December 2020/2021 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 30 December 2020

 

R thousand

Table

2020/21

2019/20

Revised Estimate

December

Year to date

Preliminary outcome 2

December

Year to date


 

 

 

 

 

 

Revenue

1

1,097,931,728

176 370 694

868 956 609

1,345,880,147

160 349 623

967 040 298

 

 

 

 

 

 

 

Expenditure

2

1,805,758,440

171 319 375

1 301 929 668

1,691,133,187

162 518 733

1 216 751 733

 

 

 

 

 

 

 

Appropriation by vote

2

1 025 349 737

103 042 121

732 199 382

945,130,248

92 964 228

674 988 157

 

 

 

 

 

 

 

Direct charges against the NRF

2

782 517 261

68 277 254

569 730 286

746,002,939

69 554 505

541 763 576

Debt-service costs

 

233 027 798

23 505 078

145 633 087

204,769,350

21 145 008

127 494 958

Provincial equitable share

 

520 717 021

44,872,625

403 853 640

505,553,753

42,129,478

379 165 326

General fuel levy sharing with metropolitan municipalities

 

14,026,878

4 675 628

9 351 256

13,166,793

4 388 931

8 777 859

Other payments

 

 

 

 

 

 

 

Payments in terms of Section 70 of the PFMA

 

217 761

-

217,761

-

-

-

South African Express Airways

 

143 395

-

143,395

-

-

-

Land and Agricultural Development Bank of SA

 

74,366

-

74,366

-

-

-

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

 

-

(6,571,667)

-

-

-

9,700,000

South African Airways3

 

-

(6,571,667)

 

-

-

5,500,000

South African Express Airways

 

-

-

-

-

-

300,000

Denel

 

-

-

-

-

-

1,800,000

SABC

 

-

-

-

-

-

2,100,000

Skill Levy and SETAs

 

10 174 611

1 486 244

7 650 147

18,283,844

1 484 863

13 323 070

Other costs

 

4 353 192

309 346

3 024 395

4,229,199

406 225

3 302 363

National government projected underspending

 

(2,108,558)

-

-

-

-

-

 

 

 

 

 

 

 

 

Main budget balance

 

(707,826,712)

5 051 319

(432 973 058)

(345,253,040)

(2 169 110)

(249 711 435)

 

 

 

 

 

 

 

 

Financing of the net borrowing requirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic short-term loans (net)

3

143,000,000

(33 015 782)

85 284 449

36,077,502

(16 508 019)

61 184 206

 

 

 

 

 

 

 

 

Domestic long-term loans (net)

3

410,035,000

45 711 722

400 644 835

286,021,581

23 853 310

228 294 561

 

 

 

 

 

 

 

 

Foreign loans (net)

3

106,956,000

-

77,503,430

24,823,043

-

49,515,310

 

 

 

 

 

 

 

 

Change in cash and other balances 1

3

47,835,712

(17 747 259)

(130 459 656)

(1,669,086)

(5 176 181)

(89 282 642)

 

 

 

 

 

 

 

 

Total financing (net)

 

707,826,712

(5 051 319)

432 973 058

345,253,040

2 169 110

249 711 435

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.

2) Audited outcome except Debt service-costs.

3) Payment has been allocated to Appropriation by vote.

 

[The balance of documents can be found in Notice No.27, GG44105, dated 29 January 2021]