Medium-term budget: Basic income grant decision deferred to next year

Medium-term budget: Basic income grant decision deferred to next year

The MTBPS stresses that there are already 18.3 million citizens who receive one or another form of welfare grant. (Delwyn Verasamy/M&G) Despite the demands and expectations, Finance Minister Enoch Godongwana was almost certainly never going to announce new social grants on Thursday and his maiden medium-term budget policy statement (MTBPS) deferred the issue to the main budget in February.

The MTBPS does not mention the words basic income grant per se. Nor does it allude the findings of a study on the subject commissioned by the treasury. Instead it speaks of three priorities, the first being “addressing shortfalls in social […]

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