vimarsana.com

Page 5 - பயிற்சி ஊக்கத்தொகை கொடுப்பனவு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Budget 2021 unveiled: Pharmac boost falls short, beneficiaries win big, social insurance in the works

Budget 2021 unveiled: Pharmac boost falls short, beneficiaries win big, social insurance in the works Newshub 3 hrs ago © Video - Newshub; Image - Getty Images Watch Finance Minister Grant Robertson s speech in Parliament. The Government is boosting Pharmac s budget by $200 million, falling well-short of expectations, but beneficiaries are getting a major boost and social security insurance is in the works.  Newshub recently revealed the Government s drug-buying agency Pharmac would need $400 million a year to clear the backlog of drugs on its wish-list, but only $200 million is being invested over four years - far less than was hoped. But the Government is finally living up to recommendations made two years ago by its Welfare Expert Advisory Group (WEAG) to increase benefit levels to help reduce poverty.

Budget 2021: Government delivering major benefit boost in line with recommendations

The Government says between 19,000 and 33,000 children are projected to be lifted out of poverty on the after-housing-costs measure in 2022/23 as a result of the $3.3 billion changes announced on Thursday. 2021 marks the 30th anniversary of the so-called ‘Mother of All Budgets’ that saw benefits slashed and other social programmes cut. Finance Minister Grant Robertson says Budget 2021 repairs some of that damage . Not only will this give a sense of dignity and hope to those who receive that boost in income, it will also help reduce inequality and provide ongoing stimulus to the economy. Since being elected, the Government says 109,000 families with children are on average $175 a week better off as a result of changes it has made to income support. That includes its implementation of the families package, as well as the $25 lift to benefits it made in the early days of COVID-19.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.