Social Development returned R4.3 billion of SRD grant to National Treasury

Social Development returned R4.3 billion of SRD grant to National Treasury

The department of social development returned billions of rands to National Treasury. Picture : Motshwari Mofokeng /Independent Newspapers Minister of Social Development Lindiwe Zulu says her department returned R4.3 billion that was allocated for the R350 social relief of distress grant.

Zulu said the R4.3bn was returned to the National Treasury due to the low than expected uptake of the SRD grant.

The grant has been extended several times since it was launched by government three years ago.During the Medium Term Budget Policy Statement Finance Minister Enoch Godongwana announced that the SRD grant will be extended until March 2025.Government […]

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