National Budget of South Africa explained
The National Budget of South Africa comprises the spending and revenues of the Government of South Africa.[1] [2] [3] The budget is the financial representation of the priorities of the government,[4] [5] [6] [7] [8] [9] reflecting historical economic decisions and competing economic policy's.[10] [11] [12]
| South African National Budget |
| Year: | 2022 |
| Bill: | RP07/2022 |
| Passed: | 23 February 2022 |
| Total Revenue: | R1.59 Trillion (US$ Billion) |
| Total Expenditures: | R2.16 Trillion (US$ Billion) |
| Url: | http://www.treasury.gov.za/ |
Budget Summary
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Economic Development | 241.6 | 200.1 | 209.2 | 211.5 | 207.5 | 227.1 |
| Peace And Security | 198.7 | 200.8 | 211 | 217 | 208.6 | 220.7 |
| General Public Services | 70.7 | 64 | 65.3 | 70 | 68.4 | 69.2 |
| Learning And Culture | 320.5 | 351.1 | 386.4 | 396.4 | 402.9 | 441.5 |
| Health | 187.5 | 205.4 | 222.6 | 229.7 | 248.8 | 259 |
| Community Development | 195.8 | 196.3 | 208.5 | 212.3 | 218.8 | 236.3 |
| Social Development | 180 | 259.4 | 208.5 | 309.5 | 335.3 | 364.4 |
| Debt-Service Costs | 162.4 | 180.1 | 202.2 | 229.3 | 269.7 | 301.8 |
| Contingency Reserve | | | | | 12 | 10 |
| Total | 1557.2 | 1657.2 | 1713.7 | 1875.7 | 1972 | 2130 | |
Detailed National Budget
Expected Revenue
See also: Taxation in South Africa.
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Personal Income Tax | 482.1 | 505.8 | 552.9 | 546.8 | 516 | 587.9 |
| Vat | 312.8 | 348.1 | 360.5 | 360.6 | 370.2 | 439.7 |
| Corporate Income Tax | 218.7 | 231.2 | 229.6 | 230.2 | 213.1 | 269.9 |
| Customs And Excise Duties | 96.1 | 97.4 | 106.8 | 112.7 | 100.5 | 117.4 |
| Fuel Levies | 70.9 | 84.8 | 89.5 | 91.8 | 83.1 | 89.1 |
| Other | 84.9 | 77.5 | 83 | 83.4 | 82.2 | 94.5 |
| Total | 1265.5 | 1344.8 | 1422.3 | 1425.5 | 1365.1 | 1598.5 | |
Economic Development
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Economic Regulation And Infrastructure | 89.5 | 97.9 | 101.3 | 105.3 | 93.1 | 117.5 |
| Industrialisation And Exports | 28.9 | 32.9 | 37.5 | 39 | 36.2 | 39.2 |
| Job Creation And Labour Affairs | 75.9 | 23.3 | 23.2 | 22.4 | 33.4 | 27.5 |
| Agriculture And Rural Development | 26.5 | 30.2 | 30.7 | 28.3 | 27.4 | 24.8 |
| Innovation, Science And Technology | 20.6 | 15.8 | 16.5 | 16.4 | 17.4 | 18.1 |
| Total | 241.4 | 200.1 | 209.2 | 211.4 | 207.5 | 227.1 | |
Peace And Security
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Police Services | 93.8 | 99.1 | 104.2 | 106.1 | 104.6 | 110.2 |
| Defence And State Security | 54 | 48.4 | 50 | 51.4 | 48.5 | 50.8 |
| Law Courts And Prisons | 43.8 | 45.4 | 48.4 | 49.6 | 46.7 | 50 |
| Home Affairs | 7.2 | 7.9 | 8.4 | 9.9 | 8.9 | 9.7 |
| Total | 198.8 | 200.8 | 211 | 217 | 208.7 | 220.7 | |
General Public Services
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Public Administration And Fiscal Affairs | 43.9 | 40.4 | 41.6 | 47.3 | 46.1 | 46.1 |
| Executive And Legislative Organs | 14.3 | 16 | 16.2 | 14.6 | 14.5 | 14.8 |
| External Affairs | 12.4 | 7.6 | 7.6 | 8.2 | 7.9 | 8.3 |
| Total | 70.6 | 64 | 65.4 | 70.1 | 68.5 | 69.2 | |
Learning And Culture
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Basic Education | 216.7 | 230.4 | 250.4 | 248.6 | 255.1 | 282.8 |
| University Transfers | 31.6 | 34.9 | 37 | 44.8 | 45.6 | 48.7 |
| National Student Financial Aid Scheme | 15.3 | 22.8 | 33.3 | 37.1 | 37.3 | 46.1 |
| Skills Development Levy Institutions | 21.1 | 19.3 | 21.7 | 21 | 21.3 | 21.7 |
| Education Administration | 15.8 | 16.8 | 17.6 | 17.8 | 19.6 | 18 |
| Technical And Vocational Education And Training | 7.4 | 10.7 | 12.7 | 13.4 | 13 | 12.6 |
| Total | 307.9 | 334.9 | 372.7 | 382.7 | 391.9 | 429.9 | |
Health
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| District Health Services | 83.6 | 90.2 | 98.2 | 102 | 105.5 | 115.7 |
| Central Hospital Services | 35.9 | 38.6 | 43.1 | 44.7 | 51.4 | 49.4 |
| Provincial Hospital Services | 32.3 | 34.3 | 36.7 | 37.6 | 44.1 | 42.4 |
| Other Health Services | 25.8 | 33.8 | 35.6 | 35.4 | 38.1 | 40.4 |
| Facilities Management And Maintenance | 9.9 | 8.5 | 8.8 | 10.1 | 9.7 | 11.1 |
| Total | 187.5 | 205.4 | 222.4 | 229.8 | 248.8 | 259 | |
Community Development
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Municipal Equitable Share | 72.9 | 62.7 | 69 | 74.7 | 78 | 87.3 |
| Human Settlements, Water And Electrification Programmes | 52.8 | 56.5 | 56.4 | 55.7 | 52.9 | 58.7 |
| Public Transport | 44.1 | 38.6 | 43.6 | 44.7 | 45 | 47.4 |
| Other Human Settlements And Municipal Infrastructure | 26 | 38.5 | 39.6 | 37.2 | 42.9 | 42.9 |
| Total | 195.8 | 196.3 | 208.6 | 212.3 | 218.8 | 236.3 | |
Social Development
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Social Security Funds | | 66 | 71.3 | 88 | 105.9 | 84.2 |
| Old-Age Grant | 64.5 | 70.5 | 77 | 83.1 | 86.5 | 92.1 |
| Child-Support Grant | 56.3 | 60.6 | 65 | 69.8 | 73.3 | 77.2 |
| Provincial Social Development | 19.2 | 20.6 | 22.3 | | | 22 |
| Other Grants | 10.7 | 9.7 | 33.2 | 35 | 35.7 | 78.9 |
| Disability Grant | 21.2 | 22.1 | | 23.3 | 23.6 | |
| Policy Oversight And Grant Administration | 8.3 | 9.8 | 9.6 | 10 | 10.2 | 9.9 |
| Total | 180.2 | 259.3 | 278.4 | 309.2 | 335.2 | 364.3 | |
Debt Service
See main article: South Africa national debt.
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Debt-Service Costs | 162.4 | 180.1 | 202.2 | 229.3 | 269.7 | 301.8 | |
Detailed Provincial Budget
Eastern Cape
| Vote | Department | Amount (000's) |
|---|
| 1 | Office of the Premier | 963 592 |
| 2 | Provincial Legislature | 571 146 |
| 3 | Health | 27 362 251 |
| 4 | Social Development | 2 788 194 |
| 5 | Public Works and Infrastructure | 2 584 294 |
| 6 | Education | 38 559 185 |
| 7 | Co-operative Governance and Traditional Affairs | 1 007 859 |
| 8 | Rural Development and Agrarian Reform | 2 328 201 |
| 9 | Economic Development,Environmental Affairs andTourism | 1 338 282 |
| 10 | Transport | 4 951 120 |
| 11 | Human Settlements | 2 448 031 |
| 12 | Provincial Treasury | 427 316 |
| 14 | Sport, Recreation Arts and Culture | 990 731 |
| 15 | Community Safety | 107 969 |
| Total | 86 428 171 | |
Western Cape
In 2021/22 the Western Cape Provincial government received a total budget of just under R 72.35 billion with 74% (R54.445 billion) of that in the form of "equitable shares" from the national government budget, 18% (R13.53 billion) in the form of "conditional grants" from national government, 4% in "financing", 3% from the provinces own receipts, and 1% from the provincial revenue fund in the form of tax receipts. In 2019 the 17.1% of all South African taxpayers were located in the Western Cape; the province contributed 16.9% of the country's total taxable income thereby contributing to just under R 269.58 billion to the fiscus.[13]
Below is a breakdown of the Western Cape governments 2021/22 budget.
See also
Notes and References
- Web site: Hesse . Martin . Budget 2022: Genuine tax relief, or smoke and mirrors? . 2022-06-30 . www.iol.co.za . en.
- Web site: Heywood . Mark . 2022-03-01 . MAVERICK CITIZEN: TUESDAY EDITORIAL: Budget 2022: Cuts to essential public services are expensive and unaffordable . 2022-06-30 . Daily Maverick . en.
- Web site: Wasserman . Helena . Budget 2022 in a nutshell - Everything you need to know . 2022-06-30 . Fin24 . en-US.
- Web site: 2017 . 2017 Budget Highlights . 30 June 2022 . National Treasury.
- Web site: 2018 . 2018 Budget Highlights . 30 June 2022 . National Treasury.
- Web site: 2019 . 2019 Budget Highlights . 30 June 2022 . National Treasury.
- Web site: 2020 . 2020 Budget Highlights . 30 June 2022 . National Treasury.
- Web site: 2021 . 2021 Budget Highlights . 30 June 2022 . National Treasury.
- Web site: 2022 . 2022 Budget Highlights . 30 June 2022 . National Treasury.
- Web site: 2021-02-02 . Budget South African Revenue Service . 2022-06-30 . en-ZA.
- Web site: Madia . Tshidi . 2022 budget speech . 2022-06-30 . ewn.co.za . en.
- Web site: WATCH: Finance Minister delivers 2022 Budget Speech eNCA . 2022-06-30 . www.enca.com . en.
- Book: December 2020 . 2020 Tax Statistics . 14 August 2022 . South African Revenue Service . 50 . 978-0-621-49022-0.
- Book: Western Cape Government Provincial Treasury . 2021 . Budget: Overview of Provincial Revenue and Expenditure . Western Cape Government . 978-0-621-49184-5.
