Finance minister: Bantuan Keluarga Malaysia cash aid totalling RM8b is largest in country's history

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KUALA LUMPUR, June 27 — Assistance channelled under the Bantuan Keluarga Malaysia (BKM) is the largest direct cash assistance in the country’s history compared with Bantuan...

KUALA LUMPUR, June 27 — Assistance channelled under the Bantuan Keluarga Malaysia is the largest direct cash assistance in the country’s history compared with Bantuan Rakyat 1Malaysia and Bantuan Sara Hidup , said Finance Minister Tengku Datuk Seri Zafrul Tengku Aziz.

He said, in comparison, the maximum BKM rate is RM2,600 compared with BR1M and BSH , an increase of 120 per cent since the direct cash assistance initiative was first introduced. He said BKM has been known as assistance to the B40 group, however, the fact was that the assistance now benefited 12.6 million individuals, which is equivalent to 60 per cent of adults in Malaysia.

“The government is also constantly monitoring the current situation and is confident that its policies, both in terms of direct and indirect assistance, such as basic necessities subsidies, aimed at ensuring the welfare of the people are always protected,” he said.

 

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