Budget 2016: A strong society and economy is built on its people: social grant allocations inadequate.
Category : PACSA news
Minister Gordhan budget seeks to build stronger foundations for our future society and economy. Human capital is core to building a stronger foundation. At the most basic level, greater public investment is needed so that households can access sufficient and nutritious food. The increase of R90 on an old-age pension and R20 on a child support grant will not allow that. The implications of not ensuring the core foundational aspect of society is met by ensuring the household base is strong and able to absorb increasingly unpredictable and massive price fluctuations undermines our social and economic outcomes.