Public Finance Management Act, 1999 (Act No. 1 of 1999)

Notice No. 3043

14 March 2025

GG 52264

National Treasury

It is hereby notified that the Minister of Finance has, in terms of Section 80(1)(a) and (b) of the Public Finance Management Act, 1999 (Act No. 1 of 1999), fixed the Standard Interest Rate applicable, from 1 March 2025 and until further notice, to loans granted by the State out of a Revenue Fund, and /or to all other debts which must be paid into a Revenue Fund, at eleven percent (11,00%) per annum.

The above-mentioned Standard Interest Rate is applicable from 1 March 2025 and until further notice, to all drawings of loans from State money, except loans in respect of which other rates of interest are specifically authorized by legislation or the Minister of Finance.