Budget 2023
Share

Adjustment appropriations made along with mini budget

Cape Town - The salary adjustments of R1.2bn for national departments and R3.8bn for provinces are the main revisions to the expenditure estimates for the current financial year.

The adjustment appropriation was presented, together with the mini budget, to parliament by Finance Minister Nhlanhla Nene on Wednesday.

Other significant adjustments are as follows:

- R720m for the Department of International Relations and Cooperation to compensate for the depreciation of the rand;

- R1.2bn in spending financed out of monies paid into the National Revenue Fund from departmental activities;

- R1.6bn in rollovers from unspent balances in 2014/15, including delayed payments to municipalities which had unresolved utility arrears;

- R1.1bn in additional transfers of skills levy revenue to sector education and training authorities and the National Skills Fund.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.07
+0.5%
Rand - Pound
23.60
+1.0%
Rand - Euro
20.32
+0.3%
Rand - Aus dollar
12.24
+0.5%
Rand - Yen
0.12
+0.4%
Platinum
943.20
-0.8%
Palladium
1,035.50
+0.6%
Gold
2,388.72
+0.4%
Silver
28.63
+1.4%
Brent Crude
87.11
-0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders