[Update] We welcome the Minister of Finance’s decision to extend the Presidential Employment Stimulus by one year, announced during the Medium Term Budget Policy Statement tabled on Wednesday, 1 November 2023.
Youth Capital has been advocating for ongoing funding, and on Tuesday, 31 October 2023, had submitted over 16000 signatures, along with an open letter undersigned by 84 civil society organisations to National Treasury, in support of the Stimulus (PES) extension.
Minister of Finance Enoch Godongwana,
We know that as South African youth, we are facing multiple challenges on our journey to earning an income. But public employment programmes are giving us our first work experience and offering us a chance to get our foot in the door to make sure that we can continue earning an income.
Social and public employment programmes have led young people into community services, like careers in early-childhood development and basic education, while also providing much-needed extra human resources in these areas. As teaching and education assistants we provide services within our communities that benefit everyone while earning some income to support ourselves, our families and our side hustles.
In future, they can also provide us with the skills and first work experiences needed to play a proactive role within the South African economy, including contributing to a just energy transition. We, therefore, urge you to please continue funding social and public employment programmes.