17 Mar - 1 min read
The government is offering a one-off payment of RM500 to B40 Malaysians who have lost their source of income, and an additional RM500 to Bantuan Prihatin Rakyat (BPR) recipients who earn RM1,000 and below. These new initiatives were announced by Prime Minister Tan Sri Muhyiddin Yassin as part of the new PEMERKASA stimulus package.
The two cash aids will involve recipients aged between 21 and 60 years old, who will not need to make any new registrations to qualify. Verification as to the loss of income and the necessary cross-checks will be done through the existing systems belonging to the Inland Revenue Board (LHDN), Employees Provident Fund (EPF), and SOCSO.
“Both these special forms of assistance will be paid directly into the recipients’ bank accounts beginning June 2021,” the prime minister said. The government has allocated a total of RM1.2 billion for as many as 2.4 million recipients for the financial aid.
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