Social Relief Of Distress
latest news & developmentsWithdrawing SRD grant could save R36bn, but economists say it is here to stay
The grant budget is to be cut by R20 billion but it is unclear how the numbers will add up
Treasury’s Pieterse: Transnet bailout ‘not inevitable’
The 2024 budget is Duncan Pieterse’s first as director general. And he says the fiscal framework does not constitute a negotiating position
Budget 2024: Treasury responds to Ramaphosa’s promise to ‘extend and improve’ SRD grant
The term’s of its extension beyond 2025 have yet to be agreed on, but the treasury has made provisional allocations for the grant