Government pumps R145bn into SA's coronavirus fight

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Finance minister Tito Mboweni has made R145bn available to fund the government’s Covid-19 efforts.

In the supplementary budget tabled by Mboweni on Wednesday afternoon, the biggest allocations are for social grants, health, education and local government.

“Over 18-million South Africans have received a temporary Covid-19 grant. The rollout of the short‐term Special Relief of Distress grant will temporarily support those without an income. An additional 1.5-million people have received these already,” said Mboweni. The minister said that the allocations had been informed by “epidemiological modelling,” as well as the government’s experience of the pandemic over the past three months.

Municipalities will finally be able to make use of the R20bn, which was also announced by President Cyril Ramaphosa as part of the government's R500bn coronavirus spend.

 

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Government pumps R145bn into SA's coronavirus fightFinance minister Tito Mboweni has made R145bn available to fund the government’s Covid-19 efforts.
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