SASSA News – When SASSA will Stop R350 grant

SASSA News – When SASSA will Stop R350 grantSassa R350 grant recipients will be relieved to learn that the organization has provided an official response to their question about when the award would end.

Beneficiaries are reminded to take note that the R350 award will be available until 31 March 2023 by the South African Social Security Agency (Sassa).

SASSA News – When SASSA will Stop R350 grant

Also check: SASSA R350 Grant Payments Delay News Today

SASSA News – When SASSA will Stop R350 grant

However, the deadline for applications is March 31. Sassa has further clarified that payments will only be made for the months previous to March 2023 and the prior period, but the beneficiary will still be compensated for any unpaid months.

By implementing the grant’s third iteration, R44 billion will be used to assist 10.5 billion people through the end of March 2023. The 10.9 billion eligible recipients were not covered by the distribution.

Additionally, the agency increased the criteria for eligibility for the R350 grant because the Public Finance Management Act (PFMA) requires it to stay within the budgeted allotment. A R350 means test cutoff was established for all candidates as part of this.

Each applicant’s bank account was routinely checked to see if their monthly income was R350 or more to do this.

Also check: SASSA News Update Today

This examination was extremely difficult since the Department of Social Development (DSD) had to negotiate with the banks in order to carry out these means tests and because banks always choose to protect their clients’ funds.

The first three months saw significant challenges, which resulted in a two-month delay in grant execution.

The major problem is the grant’s low uptake, which is lower than the planned amount. Unfortunately, the unused monies must be given back to the National Treasury despite the fact that there are more and more people living in poverty in the communities.

Related: 

1 thought on “SASSA News – When SASSA will Stop R350 grant”

Leave a Comment

Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.

Powered By
Best Wordpress Adblock Detecting Plugin | CHP Adblock