The COVID-19 Social Relief of Distress (SRD) Grant – moreover stated as the R350 furnish – is predicted to be extended to the end of March 2024.

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This as authorities continues to mirror onconsideration on preferences for a choice for the furnish with no desire taken however on how the choice will be financed.

he SRD furnish used to be delivered in May 2020 as a short measure to reply to the needs of the most vulnerable, who have been affected via way of [COVID-19 induced] lockdown measures. It has been extended a range of cases for the motive that then.

good information sassa R350 prolonged to 2024

Discussions on the future of the provide are ongoing and incorporate very difficult trade-offs and financing decisions,” he said.

As a quit end result of the extension of the SRD grants, exceptional social presents – such as historic age guarantees and incapacity substances – will enlarge reduce than inflation.

he SRD supply is estimated to improve with the useful resource of at least 8.8% every and each and every year and its financial implications ought to obtain some R64.9 billion in the 2030/31 economic

casting an impact on the sustainability of the public purse.

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• SOURCE : https://www.sassa.gov.za