Extension in SASSA SRD Grant
Extension in SASSA SRD Grant: Introduction
If you are looking for an extension in Sassa srd grant then you are at the right place. I will reveal the extension in the Sassa grant, and provide the news regarding the extension in SASSA SRD grant. I would also like to tell you some good news regarding the extension of the SRD grant. So, don’t waste your time; see the following article for more information.
Sassa SRD R350 grant extended until March 2025
After COVID-19, the government continued the SRD R350 grant, but they have not made it permanent, and they have made some extensions to this grant every year. During the latest national treasury’s Medium-Term budget policy (MTBP), finance minister Enoch Godongwana one more time stood up with some good news regarding the extension in SASSA SRD grant till March 2025.
The finance minister announced that the government will give the grant to natives till March 2025. And also committed R34 billion for this grant. And said that they do not continue the grant after 2025 because the government doesn’t have the budget for this grant. They are looking into ways to continue it after 2025.
The finance minister said that, Before the grant can be made available to citizens after March 2024, the Department of Social Development and the National Treasury must conduct a comprehensive review. He also said:
“The government proposes to include funding for the grant in the fiscal framework for 2024/25. It is also necessary for the Department of Social Development and the National Treasury to conduct a comprehensive review of the entire social grant system.”
He said that the total amount of R945.9 Billion money will be used up on all types of grants.
So, according to the finance minister review the grant will continue till March 2025.
What are the government’s plans for the SRD grant?
To keep the SRD grant, the government is doing everything it can president Cyril Ramaphosa also pointed out that the SRD grant serves to save millions of South African lives. Their biggest challenge is finding a constant source of funding. For this reason, the government making some plans to give the SRD grant in the future.
The Treasury also said that the entire social grant system is required for a comprehensive review to make plans for 2025. For the future of the SRD grant, Enoch Godongwans said:
“When some similar new grants are made permanent, Managing the burgeoning beneficiary count, estimated to reach 40.4 million by 2040/41 from 27.3 million in 2023/24, will incur 3.8% of the GDP by then, prompting the need for long-term financial solutions, potentially through additional revenue-generating strategies.”So, it is clear that the government wants to continue it, but they are required to make some plans for permanent funding sources.
Is the Sassa SRD R350 grant amount also increasing?
About the SRD R350 grant amount increase there is some fake news revolving, but all the news is false and fake. So, be aware of the cheaters and do not ever share your details with them to avoid any loss.
The government is already trying hard to make the funds present for the R350 grant. Now it is impossible to increase the amount of the SRD grant. But in the future, it can be increased if the grant becomes permanent. For now, the SRD grant increment there is no announcement.
Our responsibility as a citizen
We know that the government is struggling to help us in our bad financial condition, but there are a lot of natives whose financial condition is good but they are applying for grants.
We also know that the grants are only for those who need it most. I request you do not apply for this grant if your financial condition is good. And please leave the grant amount for real needy persons.
If you are taking the R350 grant but notice that you don’t need this grant future, then please leave your grant available to another needy person.
Conclusion
In the conclusion of this article, the complete details about the extension in sassa srd grant are provided. And give all news regarding the extension in SASSA srd grant. And aware of fake news and cheaters. And I told you the budget for this new extension in srd grant. If you have some questions or confusion in mind about the extension in srd grant.
Simply, comment to me I will solve your problem and also give you the latest news regarding the extension in srd grant.
