In 2022, Godongwana said no final decision has been made about a replacement of the R350 SRD grant or how it would be financed.
In 2022, Godongwana said no final decision has been made about a replacement of the R350 SRD grant or how it would be financed.
For almost a decade government has been bailing out Eskom and it will now take over the power supplier’s debt and bail out other SOEs.
‘I want to reiterate that any permanent extension or replacement will require permanent increases in revenue, reductions in spending elsewhere, or a combination of the two,’ said Godongwana.
Godongwana’s Medium Term Budget Policy Statement (MTBPS) is expected to be delivered in Parliament at 14:00 on Wednesday.