In 20202, Godongwana said no final decision has been made about a replacement of the R350 SRD grant or how it would be financed.
Finance Minister Enoch Godongwana accused of sexual harassment by spa worker. Image: GovernmentZA / FlickrFinance Minister Enoch Godongwana
Godongwana will deliver the Medium-Term Budget Policy Statement to the Members of the National Assembly on Wednesday, 1 November, at 14:00 at the Cape Town City Hall.When he delivered his Medium-Term Budget Policy Statement in 2022 Godongwana said discussions about the R350 SRD grant’s replacement are still underway.
“Despite the provision made in this budget, I want to reiterate that any permanent extension or replacement will require permanent increases in revenue, reductions in spending elsewhere, or a combination of the two,” he said.In February this year, President Cyril Ramaphosa also reiterated that work is underway to develop a mechanism for targeted basic income support for the most vulnerable aside from the Social Relief of Distress grant.