South African President Cyril Ramaphosa has given hope to millions of social grant recipients by hinting at an increase in social grants for the coming fiscal year during his 2023 State of the Nation Address on Thursday, 9th February 2023.
In his address, the President emphasized the importance of social grants in providing a safety net for the most vulnerable members of society and acknowledged the difficulties that many South Africans are facing due to the COVID-19 pandemic and its economic impact.
President Ramaphosa emphasized that the government is committed to ensuring that social grants continue to provide a reliable source of income for those who need it the most. He acknowledged that the current grants are insufficient to meet the needs of many South Africans and stated that the government is exploring ways to increase the grants in the coming fiscal year.
He however, did not state the exact amount expected to be increased irr by what percentage margin.
This news has been met with excitement by social grant recipients and advocacy groups who have been calling for an increase in social grants for some time. The President’s hint at an increase in social grants has been seen as a positive step towards addressing poverty and inequality in South Africa.
Below is the full speech delivered by the president
It is important to note that the President did not give a specific figure or timeline for the increase in social grants. However, his statement has provided hope for many South Africans who rely on these grants for their daily survival.
To conclude, the President’s hint at an increase in social grants in the coming fiscal year has been seen as a positive step towards addressing poverty and inequality in South Africa. While no specific details have been provided, the news has been met with excitement by social grant recipients and advocacy groups who are hoping for a significant increase in the grants.
- Have You Received Your SASSA Child Support Grant for March 2023?
- Breaking News: SASSA Initiates January 2024 SRD R350 Grant Approvals – Patience is Key!
- Black Hat’s Method Of Making Money
- Who Qualifies For SASSA Child Grant? February 2024
- SHOCKING DELAY! SASSA R350 Grant Approvals in Limbo – January 2024 Payments on the Brink?