2024 Budget Speech South Africa Pdf. The total budget allocation for the national department of social development for the 2023/24 financial year is r263 billion. Mondli gungubele (mp), on the occasion of the 2024/25 budget vote, parliament (cape town)
However, until these are achieved, social grants like sassa will remain a critical tool for reducing poverty and supporting vulnerable populations in south africa. South africa’s budget deficit for the 2024/25 fiscal year stood at 3.3% of gdp as of august, according to national treasury data, lower than the same period last year.