Finance minister II: Additional aid, subsidies proof of govt’s commitment to mitigate rising cost of living

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KUALA LUMPUR, March 19 — Additional aid and subsidies from an additional amount of RM23 billion presented through the Supplementary Supply Bill (2023) 2024 show the...

KUALA LUMPUR, March 19 — Additional aid and subsidies from an additional amount of RM23 billion presented through the Supplementary Supply Bill 2024 show the government’s commitment to helping the people cope with the rising cost of living, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

“All the improvements in cash assistance to the people are proof that the Madani government will always ensure that the less able continue to be protected. Savings achieved from prudent spending can be redistributed to the needy,” he said. Amir Hamzah added that the STR Phase 1 payment that was distributed at the end of January 2024 also increased to up to RM500 from up to RM300 .

He said, starting in 2023, the government has expanded BAP recipients to all students from Standard 1 to Form 5.

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