sassa grant value 2023-2024
sassa grant value 2023-2024
Enoch Godongwana, the minister of finance, announced increases to social grants that do not correspond to inflation.
According to Godongwana, the R58.6 billion in medium-term funding will “allow for inflationary increases” to permanent grants. Even yet, the awards won’t actually accelerate the current annual growth rate of 5.7%. Moreover, the Foster Care Grant has increased by less than 2%.
Changes to grants this year:
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The Care Dependency Grant will go up from R1,890 to R1,980 in April and then to R1,990 in October
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an increase of 5.3 percent. The Disability Grant will go up from R1,890 to R1,980 in April and then to R1,990 in October
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an increase of 5.3 percent. The War Veterans Grant will go up from R1,910 to R2,000 in April and then to R2,010 in October
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an increase of 5.2 percent. The Old Age Grant will go up from R In addition, the grant for individuals over the age of 75 will rise from R1,910 to R2,000 in April and then to R2,010 in October
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an increase of 5.2 percent. Additionally, the grant for foster care will rise from R1,050 to R1,070 an increase of 1.9 percent
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the grant for child support will rise from R460 to R480—an increase of 4.3 percent.\
Godongwana also introduced the Extended Child Support Grant, a new social award for double orphans, “to promote the care of orphans within families rather than foster care.”
He also validated the R350 Covid-19 Social Relief of Distress (SRD) grant’s 12-month continuation. On this, R44 billion will be spent.
The Old Age, Veterans, Disability, and Care Dependency Awards will increase by R10 more in April for a total increase of R90. The foster care and child support grants will each receive an R20 increase in April.
According to Godongwana, 46% of South Africans receive social prizes at the moment.
SOCIAL GRANTS
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