The National Treasury says the establishment of the National Health Insurance (NHI) fund will take at least two to three years to complete.

Treasury officials shared this update on Friday while briefing Parliament’s Standing Committee on Finance and Select Committee on Finance.

National Treasury on NHI

In the joint meeting, Treasury’s head of budget, Edgar Sishi, informed MPs that much of the NHI funding would come from indirect grants.

South Africa has allocated R2.5 billion per year for indirect health spending under the NHI over the 2025 Medium-Term Expenditure Framework (MTEF). ….more