SASSA SRD R350 was launched as a temporary grant by SASSA (South African Social Security Agency). Its aim was to help people living below the line of poverty and having no jobs to cope up with the economical challenges of Covid-19.
SRD r350 did well in helping people to survive the challenging times of Covid-19 era. To be eligible for this grant, you had to be either unemployed or fall under the category of disabled people or old people with a few other requirements.
The question is!
Is Sassa r350 Grant Extended?
Though covid-19 is nearly gone but its after affects are still here and since SRD R350 was doing well in helping people, the Government of South Africa released a statement. To be more specific, Finance Minister Enoch Godongwana has confirmed that
Honourable Members, our budget over the next three years is focused on restoring service delivery and laying the foundation for higher growth.
Medium-term changes to spending plans are driven mainly by government’s decision to extend the special COVID-19 Social Relief of Distress grant by one year, until 31 March 2024.Enoch Godongwana on 2022 Medium Term Budget Policy
So yes, it is TRUE.
There is also a petition on change.org to increase SASSA grant, you can sign it as well.
Will SRD r350 Grant be Permanent?
Though this grant is helpful for many citizens, it is a huge burden on the reserves of the government. The South African food poverty line is R624 and many lobby groups are pushing to either raise this grant to this level or make it permanent.
According to the National Treasury, the Covid-19 SRD grant is expected to grow by at least 8.8% every year and its financial implications could reach some R64.9 billion in the 2030/31 financial year.
Furthermore, increasing the grant would be a huge burden and considering the current inflation, it doesn’t seem likely to happen anytime soon. Neither the grant will be changed to R624 nor it will be permanent.
Will SASSA grant increase??
If somehow government can arrange funds, they might make this R350 grant permanent but increasing it to R624 is highly unlikely.
Are the SRD grant ending?
The SASSA grant is not ending until March 2024.
If somehow government can arrange funds, they might make this permanent but increasing to R624 is highly unlikely.