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PM unveils RM150 billion PEMULIH aid package

by moneycompass
June 28, 2021
in Headline
aid package

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KUALA LUMPUR – An aid package worth RM150 billion has been unveiled to help the people, businesses, as well as those vaccinated under Phase One of the National Recovery Plan to curb the spread of COVID-19.

The government will also provide a total amount of RM10 billion direct fiscal injection.

In a special address on June 28, Prime Minister Tan Sri Muhyiddin Yassin listed a number of initiatives under the package known as the “Pakej Perlindungan Rakyat dan Pemulihan Ekonomi (PEMULIH)”.

Below are the highlights:

– The government will add up to RM500 for the Bantuan Prihatin Rakyat (BPR) for the month of July with payments to be made from June 29.

The third phase of the BPR between RM100 and RM1,400 will be paid in September.

Payments for those who succeeded in the BPR appeals will also be paid out in September. Altogether, a total of RM4.9 billion will be paid out for the BPR initiative.

– Government to expand job seekers’ allowance to Social Security Organisation (SOCSO) non-contributors especially to new graduates and informal sectors.

They can register at MYFutureJobs and will receive an allowance of at least RM300

– Bantuan Khas COVID-19 (BKC) initiative for several categories. They are:

1) Households of hardcore poor will receive RM500 in August, RM500 in November, and RM300 in December. Singles from this category will receive RM200 in August and RM300 in November.

2) B40 households will receive RM500 in August and RM300 in December. Singles from this category will receive RM200 in August.

3) M40 households will receive RM250 while singles in this category will receive RM100 in August.

The BKC is expected to benefit more than 11 million households and elderly as well as singles with an allocation of RM4.6 billion.

– The government will allocate a total amount of RM10 million to implement the food basket initiative especially for the Orang Asli

– Government to allocate another RM1 billion to ensure that the 1kg pollybag of cooking oil remains at RM2.50,

– RM15 million will be allocated to non-governmental organisations to help out in social issues such as mental health, homelessness, and other issues.

 

Read more: Is a 3rd COVID-19 vaccine shot required?

Tags: Covid-19EconomyMYFutureJobsPEMULIHSOCSO
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