2.3 Provincial Share of the Nationally Raised Revenue The provincial departments are allocated R362.468 billion through the provincial equitable share and a further R82 billion through conditional grants. The provincial equitable share allocation increases by R23.531 billion or 6.9 per cent from a revised estimate of R338.937 billion in 2013/14 to R362.468 billion in 2014/15. Over the MTEF the provincial equitable share increases by R49.6 billion from R362.468 billion in the 2014/15 financial year to R412.039 billion in the 2016/17 financial year.