Basic Income Grant sparks debate of poverty versus economic sustainability

Basic Income Grant sparks debate of poverty versus economic sustainability

A new report by the Centre for Development and Enterprise (CDE) shows the country cannot afford a Basic Income Grant. Picture: Leon Lestrade/African News Agency/ANA. Cape Town – Amid increased calls for a Basic Income Grant (BIG), a new report by the Centre for Development and Enterprise (CDE) shows that a grant large enough to make a meaningful impact on poverty would actually slow economic growth and could lead to fiscal and financial crisis.

There has been much debate on the topic of implementing a BIG after government introduced the R350 Social Relief of Distress (SRD) grant.

Now the CDE’s report […]

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