Finance Minister Enoch Godongwana announces extension of Covid-19 grant
The R350-a-month Social Relief of Distress grant is to be extended for another year, until March 2025.
He said if the temporary grant"or a similar type of grant" were to be made permanent, the number of social grant beneficiaries would rise from 27.3-million in 2023-4 to 40.4-million in 2040-41. This would cost 3.8% of South Africa's gross domestic product, and would require a permanent source of funding"such as additional revenue measures," he said.
The protest was organised by Cry of the Xcluded and members of activist organisations across South Africa travelled to Cape Town to participate.end privatisation of basic services;end regressive tax policies and unsustainable interest rate hikes; andThere was a problem processing your submission. Please try again later.
"The nature of the budgets we receive are directly aimed at pro-poor spending," he said."It's infrastructure, it's housing grants, it's informal settlement upgrades. Those cuts are devastating for our delivery programmes to the poor."
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