The National Budget of South Africa comprises the spending and
revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.
Commercial revenue may also be referred to as sales or as turnover. Some companies receive reven ...
s of the
Government of South Africa
The Republic of South Africa is a parliamentary republic with three-tier system of government and an independent judiciary, operating in a parliamentary system. Legislative authority is held by the Parliament of South Africa.
Executive authority ...
. The budget is the financial representation of the priorities of the government,
reflecting historical economic decisions and competing economic policy's.
Budget Summary
Detailed National Budget
Expected Revenue
Economic Development
Peace And Security
General Public Services
Learning And Culture
Health
Community Development
Social Development
Debt Service
Detailed Provincial Budget
Eastern Cape
Free State
Gauteng
KwaZulu-Natal
Limpopo
Mpumalanga
North West
Northern Cape
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.
Below is a breakdown of the Western Cape governments 2021/22 budget.
See also
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Economy Of South Africa
The Economy of South Africa is the third largest in Africa and the most industrialized, technologically advanced, and diversified economy in Africa overall. South Africa is an upper-middle-income economy, one of only eight such countries in Africa ...
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Government of South Africa
The Republic of South Africa is a parliamentary republic with three-tier system of government and an independent judiciary, operating in a parliamentary system. Legislative authority is held by the Parliament of South Africa.
Executive authority ...
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Provincial Budget of Eastern Cape
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Provincial Budget of Free State
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Provincial Budget of Gauteng
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Provincial Budget of KwaZulu-Natal
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Provincial Budget of Limpopo
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Provincial Budget of Mpumalanga
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Provincial Budget of North West
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Provincial Budget of Northern Cape
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Provincial Budget of Western Cape
References
{{Economy of South Africa
Economy of South Africa
South African Budgets