R500bn will be spent to support South Africans dealing with the consequences of the coronavirus.
President Cyril Ramaphosa made the announcement during an address on Tuesday night. He said this amounted to “about 10% of our GDP”.
FULL ADDRESS | Grant payments up as Ramaphosa announces R500bn to deal with coronavirus in SA
FILE PHOTO: South Africa's President Cyril Ramaphosa speaks after his meeting with Britain's Prime Minister Theresa May in Downing Street, London, April 17, 2018. REUTERS/Hannah McKay/File Photo