DST Budget 2006720089

1
DSTBudget 2006/7-2008/9
2
Contents

• MTEF Comparison
• DST Budget
• New Money
• Programme budget
• Next steps

3
MTEF Comparison

• Main increase due to
• CSIR
• New R D Money
• New Infrastructure funds

4
(No Transcript)
5
(No Transcript)
6
(No Transcript)
7
(No Transcript)
8
(No Transcript)
9
Prog 1 changes
10
Prog 2 changes
11
Prog 3 changes
12
Prog 4 changes
13
Prog 5 changes
14
Tax incentives

• 150 tax credit!
• At 36 corporate tax, this means government
  subsidizes private sector research at 18 cents in
  the rand.
• Private sector RD is 0,45 of GDP. This means an
  over R 1 billion windfall.

15
Next steps

• Complete Strat plan updates
• Present budget
• Approve business plans of entities
• Set up administrative framework for tax
  incentives.

16
Thanks

• Thanks to all who contributed to making this year
  our most successful budget process ever.
• Siyabonga