Statement of the National and Provincial Governments’ revenue, expenditure and national borrowing
The following statements of revenue, expenditure and borrowing are published in terms of Section 32 of the Public Finance Management Act of 1999 and Section 31(2) of the Division of Revenue Act No 1 of 2015.
Extraordinary receipts and payments which were previously published in Table 3 are now brought into the budget framework in line with global standards, in particular the International Monetary Fund’s Government Finance Statistics Manual 2001 and are now referred to as National Revenue Fund receipts and payments (refer to Annexure W2 of the 2014 Budget Review). Detailed information on these transactions is provided in Table 5.
The Eskom Special Appropriation Act, Act No. 7 of 2015 which was approved on 3 July 2015 for the amount of R 23 billion will be included in the section 32 statements in the month of July 2015. National government revenue and expenditure are detailed in Tables 1 and 2, respectively.
Revenue and expenditure for the fiscal year to date are also expressed as a percentage of the 2015/16 budget for the current year and preliminary outcome for 2014/15. The tables below indicate revenue and expenditure for the reporting month, together with comparable figures for the previous year.
Follow the link below for the full statement with tables.
