BANKSETA ANNUAL REPORT 2023

PERFORMANCE INFORMATION Linking performance with budgets

2022/23

2021/22

Programme/ activity/ objective

Budget

Actual Expenditure

(Over)/Under Expenditure

Budget

Actual Expenditure

(Over)/Under Expenditure

R’000

R’000

R’000

R’000

R’000

R’000

Mandatory Grants

217 228

228 570

(11 342)

177 843

194 101

(16 258)

Strategy to overcome areas of under performance

This programme performed well during the year under review and all indicators were achieved. To maintain the performance level BANKSETA will continue to monitor this area of delivery regularly.

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BANKSETA ANNUAL REPORT 2022/23