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*COVID-19 Cash Transfers To Be Increased - Mthuli*

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Finance and Economic Development Minister Mthuli Ncube has said the government will increase the monthly COVID-19 cash transfers to vulnerable members of society from the current ZWL$300 per month.

Presenting the 2021 national budget in the National Assembly this Thursday, Ncube revealed that the government has allocated ZWL$2.4 billion for the programme, with ZWL$98 million having already been disbursed. He said:

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> To cushion the vulnerable members of society, the Government allocated ZWL$2.4 billion for COVID-19 cash transfers.

> The identification of beneficiaries is ongoing and it is expected that the number will significantly increase. So far, over 202 077 beneficiaries are in the database and already receiving allowances.

> At current monthly allowances of ZWL$300 per household, Treasury has disbursed ZWL$98 million through the Ministry of Public Service, Labour & Social Welfare towards vulnerable households.

> In view of the escalating cost of living, the monthly allowances are being increased and Treasury is making the necessary adjustments on this facility.

The current ZWL$300 per household per month is roughly equivalent to US$3 and for a household of at least 5 members, the amount contributes very little to their well-being.

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