PEMERKASA+: Prime Minister, Cabinet Members To Undergo 3-Month Paycut
Author Avatar
Muhyiddin

Prime Minister Tan Sri Muhyiddin Yassin has revealed that he and the members of his Cabinet will be undergoing a voluntary three-month salary cut.

“I would like to convey the support of all ministers and deputy ministers who will not be receiving their salaries for three months starting June 2021,” said Tan Sri Muhyiddin Yassin. “The salaries will instead be channelled to into the Disaster Trust Fund to help fund Covid-19 expenses.”

The prime minister pointed out that a similar act of solidarity had been carried out during the first movement control order (MCO) last year. In March 2020, the members of the Malaysian cabinet had taken a two-month paycut and the savings were also channelled to the Covid-19 relief fund.

Thie three-month salary cut was announced as part of a “closing move” to the government’s latest PEMERKASA+ Covid-19 lockdown aid package. The PEMERKASA+ package has been valued at RM40 billion, of which a total of RM5 billion is considered direct fiscal support.

0 0 votes
Article Rating
SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments
Most Viewed Articles
Post Image
Personal Finance News
Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)
RinggitPlus
- 28th January 2026
We provide weekly updates on every Friday at 5pm on the prices of RON95, RON97 and Diesel in Malaysia and a chart that shows the movement of fuel prices across a 6-week period. Bookmark this page now!
Post Image
Personal Finance News
ASB FY2025 Distribution: What The 5.75 Sen Payout Means For Unitholders
Samuel Chua
- 22nd December 2025
Amanah Saham Bumiputera, or ASB, unitholders will receive a total income distribution of 5.75 sen per unit [PDF] […]
Post Image
Personal Finance News
Ryt Bank Retains 4% Savings Rate And Launches New PayLater Feature
Christina Chandra
- 25th November 2025
Ryt Bank has announced that it will maintain its competitive 4% per annum savings rate while introducing fresh […]
Post Image
Personal Finance News
Another RM100 SARA Aid For Malaysians From 9 Feb 2026
Samuel Chua
- 5th January 2026
Around 22 million Malaysians aged 18 and above will receive another RM100 under the Sumbangan Asas Rahmah, or […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image