Dire warnings sounded if SA maintains R350 Covid-19 SRD grant

Dire warnings sounded if SA maintains R350 Covid-19 SRD grant

The grant has been paid to unemployed people for the past six months as part of a R500 billion economic and social support package. Picture: Bongani Mbatha/African News Agency(ANA) Durban – While millions of beneficiaries of the R350 Covid-19 social relief of distress (SRD) grant are waiting with bated breath to find out whether the government will permanently continue with it, economists believes the country can’t afford it.

The grant has been paid to unemployed people for the past six months as part of a R500 billion economic and social support package announced by President Cyril Ramaphosa in April.

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