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National Treasury has released an annual report on non-compliance with payment of suppliers’ invoices within 30 days today. The report shows that there was an improvement in the payment of invoices by government to service providers within 30 days in the 2021/22 financial year. The number of invoices paid after 30 days by national and provincial departments in the 2021/2022 financial year amounted to 401 691 invoices with the Rand value of R 33.7 billion. The number of invoices older than 30 days and not paid by national and provincial departments at the end of March 2022 amounted to 67 862 with the Rand value of R 6.1 billion.

There was a 63% improvement in the number of invoices older than 30 days and not paid at the end of the 2021/2022 financial year, which amounted to 134 invoices to the Rand value of R 5 million when compared to 358 invoices to the Rand value of R426 million reported at the end of the 2020/2021 financial year. There was, however, a noticeable regression in the number of invoices paid after 30 days by national department and a regression in the number of invoices older than 30 days.

Full Statement Attached

Issued by National Treasury