Finance Minister Enoch Godongwana has stated that the R350 social relief of distress award would not be extended beyond its March 2022 expiry date, emphasizing that the decision is reserved for the cabinet. "We feel the R350 stipend, or anything else, will expire; it was extended until March 31." He highlighted that the government, not the Treasury, must decide what to do between now and the end of March.
The government will decide whether or not to extend it, and if so, what they are willing to give up in order to do so. Before announcing his medium-term budget program, Godongwana addressed the media in parliament (MTBPS). He added that the fiscal framework was limited to R1.9 trillion and that any more spending on social assistance would need sacrifices in other areas to pay for the giveaways.
"If the government agrees to fund the extension, you may be able to reallocate funds across programs. They will then point us in the direction of where we should invest and fund our resources. That is not our option. We will take part in that debate, but it is not our choice "He mentioned it. Godongwana insisted that his MTBPS did not mean that the R350 award would be phased out, but rather that it would expire at the end of March.
This comes as the ANC and its coalition partners, such as Cosatu, step up their attempts to establish a permanent universal basic income payment for the poor. Godongwana remarked that if it is agreed that SA would generate R1.5 trillion and spend R1.9 trillion in the next fiscal year, resulting in an R4 billion deficit, then everything the government does must stay within the R1.9 trillion limit.
With the non-extension of the R350 SRD, I believe South Africans' plight will deteriorate considerably. The impoverished relied on the SRD regardless of how modest it was since it stopped them from resting on an empty stomach. The government must step up and do all possible to guarantee that the needy are fed during these terrible times; I am convinced that if they work hard enough, they will succeed.
Please follow, like, share and comment.
Content created and supplied by: Houseofnews (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More