South Africa's mini-budget to review fiscal targets amid spending overview
Published 3 d ago2 sourcesEvidence: Reported
South Africa's Medium-Term Budget Policy Statement reduces social grant spending by R13 billion, including child support and SRD grants. Critics argue the cuts are arbitrary and will worsen poverty and vulnerability, while the government cites fraud concerns. The move signals fiscal tightening amid economic constraints, with potential social and political repercussions.
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