When is sassa R350 srd grant ending? find out here..

Recent Updates Sassa status check social relief of distress

SRD provide prolonged to March 2024

The COVID-19 Social Relief of Distress (SRD) Grant – additionally acknowledged as the R350 supply – is anticipated to be prolonged to the stop of March 2024.

This as authorities continues to reflect onconsideration on preferences for a alternative for the provide with no choice taken but on how the alternative will be financed.

Do not forget to register your cv on our database here REGISTER 

Finance Minister Enoch Godongwana introduced the extension of the furnish in the course of his presentation of the Medium Term Budget Policy Statement in Parliament on Wednesday afternoon.

ALSO APPLY FOR   The Statement of Results is available from 20 January 2023- check now

“The SRD provide used to be added in May 2020 as a brief measure to reply to the wishes of the most vulnerable, who have been affected by way of [COVID-19 induced] lockdown measures. It has been prolonged various instances for the reason that then. Discussions on the future of the supply are ongoing and contain very challenging trade-offs and financing decisions,” he said.

As a end result of the extension of the SRD grants, different social offers – such as ancient age promises and incapacity supplies – will expand decrease than inflation.

ALSO APPLY FOR   Good news: Collect and deliver and distribute documents and articles?

According to Treasury, the SRD provide is predicted to develop with the aid of at least 8.8% each and every yr and its economic implications ought to attain some R64.9 billion in the 2030/31 economic yr – casting an influence on the sustainability of the public purse.

In mild of this estimation, Godongwana stated indefinite continuation of the supply will have a serious influence on the balance of the public purse.

ALSO APPLY FOR   Marvellous news: The easiest job to work from home with good salary

Despite the provision made in this budget, I choose to reiterate that any everlasting extension or substitute will require everlasting will increase in revenue, discount rates in spending elsewhere, or a mixture of the two. –

Leave a Reply

Your email address will not be published.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