Tuesday, 30 Jun 2020 08:49 PM MYT
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said this would benefit 5 million recipients, comprising 3.8 million households and 1.2 million individuals.Recipients for the household category, which will receive up to RM600 per household depending on income level, will also get an additional assistance of RM120 per child for a maximum of four children.
“This initiative will benefit 53,325 recipients with a total financial payout of RM28.7 million,” he said. On the micro credit schemes, he said 7,577 applications valued at RM260.6 million were approved under the Bank Simpanan Nasional micro credit scheme while the TEKUN programme saw 25,071 applications worth RM191.50 million approved as of June 26.
For the enhanced Wage Subsidy Programme with an allocation of RM5.3 billion, he said workers in the tourism and prohibited sectors during the enhanced movement control order who had been put on unpaid leave were eligible to receive wage subsidies. This is provided they receive these wage subsidies directly.