TABLE-SA’s February budget deficit narrows to R3.38bn

South Africa recorded a budget deficit of R3.38 billion ($233 million) in February, compared with a shortfall of R12.83 billion in the same month a year earlier, National Treasury data showed on Wednesday.

The tables below show revenue and expenditure for the eleventh month of the 2021/22 fiscal year (April to March), compared with the previous fiscal year.

These are also expressed as a percentage of the 2021/22 revised estimate and audited outcome for 2020/21.

REVENUE February Year-to-date % of revised estimate/
Fiscal year R’bln R’bln audited outcome
2021/22 153.849 1,399.991 90.38
2020/21 132.745 1,089.179 87.95

 

EXPENDITURE February Year-to-date % of revised estimate/
Fiscal year R’bln R’bln audited outcome
2021/22 157.232 1,688.440 89.05
2020/21 145.576 1,611.217 90.06

Source: moneyweb.co.za