South Africa is on the verge of implementing an ambitious policy shift. The government is gearing up to launch a Universal Basic Income (UBI) program in the fiscal year 2024-25. The UBI initiative aims to provide financial assistance to all individuals who meet the eligibility criteria. This represents a significant departure from the temporary financial aid measures rolled out in response to the COVID-19 pandemic. Universal Basic Income vs. SRD in 2024-2025
In 2020, South Africa started a program to help people who didn’t have jobs because of the pandemic. This program was called the SRD grant. But this […]
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