South African President Cyril Ramaphosa has announced in his 2023 State of the Nation Address (SONA) that took place on the 9th of February that in the year 2023, the government will increase social grants (child support grant, disability grant, older persons grant, etc.) to mitigate the effects of rising inflation on the country’s poorest citizens.
In the address, the President mentioned that the increase in the SASSA social grants will be outlined in the upcoming budget presentation by the Minister of Finance.
In recent months, South Africa has experienced a significant increase in inflation, with the cost of living rising for many citizens. This has placed a considerable strain on the country’s poor and vulnerable populations, who are already struggling to make ends meet.
To address this issue, the government has decided to increase existing social grants to help better the impact of inflation on these individuals. Social grants are a vital source of income for many South Africans and provide a lifeline for those who are unable to support themselves through employment.
The decision to increase social grants will be a great move for many South Africans who have been advocating for such measures for some time. It is hoped that this will provide much-needed relief for those who are struggling to keep up with the rising cost of living.
The budget presentation by the Minister of Finance will provide further details on the exact amount of the increase and how it will be distributed among different social grant recipients.
In conclusion, the government’s decision to increase existing social grants is a positive step towards mitigating the effects of rising inflation on South Africa’s poorest citizens. This move will provide much-needed financial support to those who need it most and help to ensure that they can continue to meet their basic needs.