Alex Cheong Pui Yin
Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.
Budget 2021: RM50 E-Wallet Credit Provided For Youths Between 18 To 20 Years Old
Alex Cheong Pui Yin
6th November 2020 - 1 min read
Youths between the age of 18 to 20 will receive a one-off RM50 digital incentive in the form of e-wallet credit, intended to encourage the use of cashless and contactless payments. The e-wallet credits will be provided via the eBelia programme.
A total of RM75 million has been allocated for this new e-wallet credit initiative under Budget 2021, and it is expected to benefit more than 1.5 million youths across the country.
This initiative is the third of its kind, which began with the RM30 digital incentive announced in Budget 2020, as well as the more recent ePenjana initiative that was previously carried out as part of the PENJANA economic recovery plan, where the government also disbursed RM50 worth of e-wallet credit to eligible individuals.
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Alex Cheong Pui Yin
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