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TABLE-S.Africa April-Jan budget deficit widens y/y

1 March 2012 By admin

JOHANNESBURG, Feb 29 (Reuters) - South Africa's budget
deficit was wider at 144 billion rand ($19.12 billion) in the
first nine months of the financial year ending March 2012
compared with a 139.7 billion rand shortfall the same period
previously, data from the Treasury showed on Wednesday.	
    Revenue was at 578 billion rand in April-January 	
against expenditure of about 722 billion rand.  	
    In its budget last week, the Treasury forecast a budget
deficit of 4.8 percent of GDP for 2011/12, narrowing to 4.6
percent in 2012/13. 	
    The table below indicates revenue and expenditure for
January, the period April-January, and comparable figures for
the previous year. Revenue and expenditure for the fiscal year
to date are also expressed as percentages of the revised
estimate for 2011/12 and the audited outcome for 2010/11. 	
    	
REVENUE         	
                 January  April-Jan  Pct of estimate/  
 
 Fiscal year     R'bln    R'bln      audited outcome   
 
 2011/12         51.231   578.058    80.4%   
 2010/11         47.934   519.638    77.6%   
        	
EXPENDITURE    	
                 January  April-Jan  Pct of estimate/  
 
 Fiscal year     R'bln    R'bln      audited outcome   
 
 2011/12         73.969   722.061    81.3%  
 2010/11         58.637   659.317    81.9%   
 ($1 = 7.5305 South African rand)	
	
 (Reporting by Stella Mapenzauswa)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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The one with a "My Complex" - incurable but fun. Grumpy, Cynical, Wise and Idiotic. I can also be found HERE.

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