Cape Town - The salary adjustments of R1.2bn for national departments and R3.8bn for provinces are the main revisions to the expenditure estimates for the current financial year.
The adjustment appropriation was presented, together with the mini budget, to parliament by Finance Minister Nhlanhla Nene on Wednesday.
Other significant adjustments are as follows:
- R720m for the Department of International Relations and Cooperation to compensate for the depreciation of the rand;
- R1.2bn in spending financed out of monies paid into the National Revenue Fund from departmental activities;
- R1.6bn in rollovers from unspent balances in 2014/15, including delayed payments to municipalities which had unresolved utility arrears;
- R1.1bn in additional transfers of skills levy revenue to sector education and training authorities and the National Skills Fund.