The following are the key takeaways of the PEMERKASA+ aid package announced by Prime Minister Tan Sri Muhyiddin Yassin.
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Government reveals RM40 billion PEMERKASA+ aid package including RM5 billion direct fiscal injection
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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.
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Government allocates RM2.4 billion for Bantuan Prihatin Rakyat from end-June
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Additional RM500 for households with monthly income of up to RM2,500. Amount to be paid in July, after RM1,000 payment in June.
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Additional RM300 for households with monthly income between RM2,501 and RM5,000
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Government launches bus and taxi hire purchase scheme worth RM1 billion
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One-month wage subsidy programme worth RM1.5 billion for 2.5 million eligible employees, 200,000 employers
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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.
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