The government must follow a tight balancing act as it weighs several options that will eventually replace the R350 social relief of distress grant introduced during the Covid-19 pandemic.
President Cyril Ramaphosa told the National Council of Provinces sitting on Thursday that while supporting the poor was a priority, the government could not be “reckless” in solving the problem.“The grant will be maintained until March 2024, while the economy continues to recover from the impact of the pandemic. Various options are being explored, taking into account affordability, financing options and efficacy in addressing poverty.“We are looking at how we move beyond the SRD grant.
The president was asked whether the government is considering making the social relief of distress grant permanent or whether it had an alternative long-term plan that will address poverty.He said the government also took into consideration the views from financial institutions such as the International Monetary Fund.
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