New ‘Brazilian grant’ and basic income being considered for South Africa – Treasury

New ‘Brazilian grant’ and basic income being considered for South Africa – Treasury

The National Treasury has commissioned a study to determine what long-term plan can be devised to replace the government’s current R350 social relief of distress grant and reduce the country’s poverty gap.

Briefing parliament’s Select Committee on Appropriations this week, Treasury said that the study is being conducted through a unit of the University of Cape Town, with the poverty gap being those who fall below the current food poverty line – currently under R624 per person per month.

As part of the work, the group has also been asked to evaluate four or five different initiatives, including: Continuing with the […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.