Follow Us

Highlights of the Pemerkasa Plus aid package

2021-05-31T12:46:10-04:00May 31st, 2021|
Highlights of the PEMERKASA+ aid package

The following are the key takeaways of the PEMERKASA+ aid package announced by Prime Minister Tan Sri Muhyiddin Yassin.

  • Government reveals RM40 billion PEMERKASA+ aid package including RM5 billion direct fiscal injection

  • Additional RM1 billion allocated to increase public health capacity, including to increase bed capacity and for extension of contract for 14,000 health personnels until 2022.

  • Government allocates RM2.4 billion for Bantuan Prihatin Rakyat from end-June

    • Additional RM500 for households with monthly income of up to RM2,500. Amount to be paid in July, after RM1,000 payment in June.

    • Additional RM300 for households with monthly income between RM2,501 and RM5,000

  • Government launches bus and taxi hire purchase scheme worth RM1 billion

  • One-month wage subsidy programme worth RM1.5 billion for 2.5 million eligible employees, 200,000 employers

  • For B40s, eligible SMEs not allowed to operate during the MCO, and those who lost jobs, a three-month automatic loan moratorium or 50% payment reduction for six months is given. It is expected to assist five million borrowers and is worth RM30 billion.

image

Read More