Finance minister Enoch Godongwana has allocated R33.6bn for the extension of the R350 social relief of distress (SRD) grant until March next year.
This as 60% of what the government spends, after servicing debt, goes to the social wage.
Godongwana tabled the 2024/2025 budget in parliament in Cape Town on Wednesday.The government has been under pressure to extend and increase the Covid-19 grant or to fund an extended basic income grant (BIG). Labour unions, civil society groups and other groups have long been calling for government to convert the SRD grant to a BIG.While he made no mention of a basic […]
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