Ramaphosa panel calls for extension of Covid-19 grant, vindicates Godongwana on BIG
Economic advisory council echoes finance minister in warning against unintended consequences of a basic income grant
Thando MaekoPresident Cyril Ramaphosa’s panel of economic advisers has recommended the extension of the emergency Covid-19 social grant for a period “of a few months” after the end of the national state of disaster, but stayed on script with existing Treasury policy on extending social welfare payments.
In a briefing note sent to Ramaphosa ahead of the state of the nation address in February, the Presidential Economic Advisory Council said the R350 social relief of distress (SRD) grant should be maintained beyond the scheduled March end-date. But the advisers argued against it being made permanent without an “affordability and economic assessment” being concluded...Read more: Business Day »
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It is unsustainable,get the economy working and give people employment not handouts.These R350 is adding to poverty as it entrenches the “give me” mentality.And worse,most of it goes to the drug lords and shebeen owners. They must extended till 2023 because covid-19 is going to end 2023 July month They must at least add R700 for us graduates because we are seeing dust 😩😩🙏