NEC MEETING
ANC leaders want to open purse strings to increase Covid grant to R480
Increasing payments in line with a social development department proposal, but requires Treasury approval
13 November 2022 - 20:02
UPDATED 13 November 2022 - 22:56
The ANC’s top brass want to raise the Covid-19 social relief of distress (SRD) grant in line with inflation or to R480 a month to match the child support grant, as part of a laundry list of possible steps to cushion poor people from the soaring cost of living.
But any increase or extension of the grant will need approval from the National Treasury, which has said that a permanent extension or replacement will require permanent increases in revenue, reductions in spending or a combination of the two...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.