Put your money where the mouths are
During SONA, the President outlines the government’s priorities and objectives following which the Minister of Finance uses the Budget Speech to outline the allocation of funding for these programs. A key area of spending was Social Welfare, and over the next 3 years Government allocated R3.33 trillion to the social wage to support vulnerable and low-income households, approximately 60% of the Government’s non-interest expenditure.
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