Medium Term Budget Policy Statement

SASSA said the number of people approved for the grant plummeted from 10.9 million in March to just under 4.8 million in April.

Godongwana proposes to make initial allocation of R23.7 billion from the national fiscus, which will be disbursed with strict conditions.

Several bodies expect the speech to address critical factors surrounding fiscal and economic sustainability in South Africa.

Analysts expect a 'safe' policy framework from Godongwana.