24 February 2021 - 18:49 Tito Mboweni announced small increases to social grants, with the child support grant going up R15 a month, and the old age and disability grants going up R30 a month. File photo. Image: Esa Alexander/Sunday Times
Finance minister Tito Mboweni says the government has “no reason to be apologetic” for raising social grants by less than the prevailing inflation rate.
Mboweni was responding to questions at a virtual post-budget press conference where he was asked if the government was not concerned about a political backlash after he tabled modest increases to social grants.
The inflation rate is 3.3%, the lowest it has been since 2004.
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