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Cape Town - Close to half a trillion rand would be spent on healthcare over the next three financial years, a big chunk going towards buying life-saving drugs for HIV-positive South Africans.
Tabling his first Medium Term Budget Policy Statement on Wednesday, Finance Minister Nhlanhla Nene said some 2.7 million South Africans are now on antiretroviral drugs.
"The comprehensive HIV and Aids conditional grant will grow by about 13% a year over the medium term," he said in the document.
On the planned introduction of a National Health Insurance scheme, Nene said only that it would require a "significant restructuring of intergovernmental fiscal relations" in the health sector.
"These considerations will be examined by a high-level working group that will make recommendations to the ministers' committee on the Budget."