Budget 2023
Share

No detail on NHI funding

Cape Town - The 2017 mini budget did not give any indication on how government intends to fund the much mooted National Health Insurance (NHI) scheme, despite it being identified as one of the priority spending areas over the next three years.

Finance Minister Malusi Gigaba did not mention it once in his speech, and the official Medium-term Budget Policy Statement (MTBPS) only referred to a so-called “interim fund structure” that will be established to “support interventions”.

The lack of a clear and comprehensive financial plan in the white paper on the NHI scheme, has left stakeholders in the health services sector guessing how exactly they will be impacted.

The White Paper on the NHI was adopted in June 2017 and National Treasury said the full implementation of the scheme will increase public health spending from 3.9% in 2017/18 to 6.2% of GDP by 2025/26. 

* Visit our Mini Budget Special Issue for all the news, views and analysis.

SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.

Read Fin24's top stories trending on Twitter:

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
19.00
-0.5%
Rand - Pound
24.02
-0.5%
Rand - Euro
20.53
-0.3%
Rand - Aus dollar
12.37
-0.2%
Rand - Yen
0.13
-0.6%
Platinum
904.37
+0.8%
Palladium
1,014.65
+1.3%
Gold
2,205.79
+0.5%
Silver
24.61
-0.1%
Brent Crude
86.09
-0.2%
Top 40
68,281
+0.9%
All Share
74,458
+0.7%
Resource 10
57,014
+2.4%
Industrial 25
103,960
+0.7%
Financial 15
16,486
-0.2%
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