What is the budget of South Africa?

What is the budget of South Africa?

Budgeted expenditure for 2020/21 is R1. 95 trillion (2019/20 revised estimate: R1. 84 trillion). The largest portion of the budget has been allocated to learning and culture (R396.

Which department received the highest allocation in the 2010 2011 National budget?

In all provinces bar the Western Cape, expenditure on education is the largest single allocation. In the Western Cape from 2010/11, health care spending exceeded that of education.

What is SA budget deficit?

SA recorded a shortfall of R551. 9bn or 11.2% of GDP, on its main budget for the year to the end of March 2021, the Treasury said in an e-mailed response to questions. That compares with a revised estimate for a gap of 12.3% of GDP that finance minister Tito Mboweni presented on February 24.

What is the budget of South Africa for 2019?

R1.83 trillion
The consolidated fiscal framework 58 trillion and spending of R1. 83 trillion.

What is the latest budget?

Union Budget 2021-22 Analysis

• Expenditure: The government proposes to spend Rs 34,83,236 crore in 2021-22.
• Receipts: The receipts (other than borrowings) are expected to be Rs 19,76,424 crore in 2021-22, which is 23% higher than the revised estimates of 2020-21.

How much did the government spend in 2011?

2011 United States federal budget

Submitted	February 1, 2010
Total expenditures	$3.834 trillion (requested) $3.603 trillion (actual) 23.4% of GDP (actual)
Deficit	$1.645 trillion (requested) 10.9% of GDP $1.30 trillion (actual) 8.5% of GDP (actual)
Debt	$14.764 trillion (at fiscal end) 96.0% of GDP
GDP	$15.379 trillion

What does the South African government spend money on?

Government spends more money on police services than it does on tertiary education or housing. Defence accounts for 3% of total spending. On the social front, slightly more money was spent on old-age grants than on grants related to family and children (child support, foster care and care dependency grants).

How much was the budget for 2019?

2019 United States federal budget

Submitted	February 12, 2018
Total revenue	$3.422 trillion (requested) $3.5 trillion (actual) 16.3% of GDP
Total expenditures	$4.407 trillion (requested) $4.4 trillion (actual) 21% of GDP
Deficit	$985 billion (requested) $984 billion (actual) 4.6% of GDP
Website	Office of Management and Budget

What is South Africa’s budget 2018?

R1.94 trillion
Consolidated spending will increase from R1. 67 trillion in 2018/19 to R1. 94 trillion, representing a nominal annual average growth of 7.6 per cent, or 2.1 per cent in real terms.

Has Budget 2021 been passed?

The budget is the first one to be presented as paperless due to ongoing COVID pandemic….2021 Union budget of India.

Emblem of India
Submitted	1 February 2021
Presented	1 February 2021
Passed	17 March 2021
Parliament	17th (Lok Sabha)