The National Budget of South Africa comprises the spending and revenues of the Government of South Africa.[1][2][3] The budget is the financial representation of the priorities of the government,[4][5][6][7][8][9][10][11] reflecting historical economic decisions and competing economic policy's.[12][13][14]
Budget Review 2024 (RP01/2024) | |
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Passed | 21 February 2024 |
Finance minister | Enoch Godongwana |
Total revenue | R2.04 Trillion (US$109.7 Billion) |
Total expenditures | R2.4 Trillion (US$128.4 Billion) |
Deficit | 16.4% (Revenue Deficit) |
GDP | R6.72 trillion (US$364.3 Billion) (2023) |
Website | http://www.treasury.gov.za/ |