SA allocates an extra R4bn to fight Covid-19

South Africa has allocated an extra R4 billion to buy Covid-19 vaccines and extend a special distress grant to thousands of people hit by the pandemic, in a Special Appropriation Bill tabled by the finance minister on Tuesday.

The bill, expected to be debated with the National Treasury in a parliamentary committee meeting later on Tuesday, allocates an additional R1.25 billion to the department of health to purchase Covid-19 vaccines and another R2.82 billion to social development for funding the distress grant.

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Source: moneyweb.co.za