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Budget Speech 2018

Summary of the Consolidated Budget

 

Summary of the Consolidated Budget

 

R million

2017/18

2018/19

2019/20

2020/21

Budget

estimate

Revised estimate

Budget estimate

Medium term estimates







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


 

 

 

 

 


 

 

 

 

 

Consolidated budget revenue (2)

1 414 101

1 353 629

1 490 716

1 609 669

1 736 902


 

 

 

 

 


 

 

 

 

 

National budget expenditure (1)

1 409 215

1 411 930

1 512 200

1 632 571

1 757 452

 

 

 

 

 

 

Expenditure of provinces, social security funds and public entities

1 53 912

146 029

158 990

170 385

184 496

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated budget expenditure (2)

1 563 127

1 557 959

1 671 190

1 802 955

1 941 948

 

 

 

 

 

 

 

 

 

 

 

 

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%

 

 

 

 

 

 

 

 

 

 

 

 

FINANCING

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

Total financing (net)

149 026

204 329

180 473

193 286

205 045

 

 

 

 

 

 

 

(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