According to a BusinessLIVE report, finance minister Tito Mboweni said the extension of the grant will cost about R6bn. The money will be found in the budgets of other government programmes by reprioritising spending and not by increasing overall state expenditure.
Earlier this month, Zulu promised that outstanding R350 Covid relief grants will be paid to approved applicants on time.
Speaking on SABC News, she said applicants who have been approved can rest assured they will receive their payments.
“Let me assure the public and the people who made applications that came out [showing] that they deserve to receive the money, they will still receive that money even if the grant is ending.
“Those that deserve to be paid are still going to be paid because we budgeted for that and agreed that we will extend on the basis of payment of those who had applied,” said Zulu.
Zulu also assured that applicants who won their appeals after they were rejected will still be paid.