Print Page   |   Report Abuse
News & Press: National budget

Treasury: Provisional Financing Figures as at 31 Dec 2012

24 January 2013   (0 Comments)
Posted by: SAIT Technical
Share |

Issued by the DG: National Treasury

During the month of December 2012, net domestic short-term loans increased by R4 339 million and net domestic long-term loans increased by R7 857 million, inclusive of redemption, repo and switch transactions.

Net foreign loans decreased by R86 million due to redemptions on arms procurement loan agreements.

Extraordinary receipts of R269 million were recorded mainly in respect of premiums received on bond transactions and revaluation profits on foreign currency transactions. No extraordinary payments were recorded.

Government's cash balances increased by R31 313 million to R177 672 million. The South African Reserve Bank accounts, mainly sterilisation and foreign currency deposits, amounted to R125 088 million. Cash balances with commercial banks amounted to R52 584 million.

More detailed information on the provisional figures will be included in the monthly statements of the National Revenue, Expenditure and Borrowing, which will be released on 30 January 2013.

Please click here to download the provisional figures.


Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

Membership Management Software Powered by®  ::  Legal