The total appropriation for the Economic Policy, Tax, Financial Regulation and Research programme amounted to R210 million (2010/11: R106 million). Expenditure incurred on compensation of employees was R56 million (2010/11: R51 million), goods and services R63 million including a once-off adjustment to the payment of bank charges to the South African Reserve Bank (2010/11: R21 million), and transfers of R20 million due to an increase in the annual funding of Economic Research Southern Africa (2010/11: R13.5 million) and capital assets R408000 (2010/11: R351000).