Basic income grant possible without tanking the economy, according to new report

Basic income grant possible without tanking the economy, according to new report

People queue for social grants outside the Sassa office in Eerste River, 2018. It is possible for South Africa to implement a basic income support (BIS) grant without sacrificing economic growth, according to Alex van den Heever, the chair of panel investigating the feasibility of BIS.

"The modelling results show that, depending on how it is financed, the social relief of distress (SRD) grant can be introduced in a manner which is fiscally and economically sustainable," Van den Heever, who is also the chair of social security systems administration and management studies at the University of Witwatersrand, said at the […]

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