28 February 2001
The attached statements of national revenue, expenditure and borrowing are issued in accordance with the requirements of Section 32 of the Public Finance Management Act.
The summary schedule includes information on the revenue and expenditure recorded in the general ledgers of the National Government. A schedule containing cash flow information comparable with the previously published
Information on the course of budget 2000/01” is included as schedule 5 of this release.
The information on the Budget has been updated to provide details of revenue, expenditure and borrowing taking into account the Adjustment Estimate tabled in Parliament in October 2000 and the revised information published in the 2001 Budget Review.
National revenue is detailed in schedule 1. Total revenue amounts to R19,131 billion for the month of January and R171,392 billion for the first ten months of the year, which is 80,3 per cent of revised budgeted revenue for the year.
Expenditure against the National Revenue Fund is set out in schedule 2. Total expenditure for the month of January includes voted amounts of R7,540 billion and statutory payments of R9,461 billion. For the year to date, expenditure of voted allocations amounts to R73,999 billion and statutory payments amount to R110,365 billion. Expenditure for the period April 2000 to January 2001 amounted to R184,402 billion which is 78,5 per cent of revised budgeted expenditure for the year.
Schedule 3 contains information on extraordinary receipts and payments not included as revenue and expenditure. Schedule 4 sets out financing for the month of January and year to date. Net domestic short term borrowing for January decreased by R283,700 million, while net domestic short term borrowing for the year to date amounts to R10,616 billion.
Net domestic long term loans for the month amount to R1,540 billion while net domestic long term loans amount to R3,304 billion for the year to date. In total net foreign loans for the month amount to R2,780 million and R1,937 billion for the year to date.
In January cash and other balances increased by R3,382 billion, resulting in a net increase of R4,988 billion for the year to date. Net borrowing for the month amounts to R2,123 billion and R10,870 billion for the year to date.
A cash flow schedule for the Exchequer Account is included as Schedule 5, summarising exchequer receipts and departmental requisitions for the National Revenue Fund. These flows differ from the actual receipts and outlays in schedules 1 and 2, mainly because of timing differences between the cash book transactions of departments and South African Revenue Service, reflected in schedules 1 and 2, and the Exchequer Account cash flows.
ISSUED BY THE DIRECTOR-GENERAL: NATIONAL TREASURY
See also (all documents are in PDF format)
Schedule 1. Revenue
Schedule 2. Expenditure
Schedule 3. Extraordinary Receipts / Payments
Schedule 4. Financing
Schedule 5. Summary of cashflow for the month ended 31 January 2001
Summary schedule