Govt has channelled RM20.147b to 357,429 employers through wage subsidy programme, says Finance Minister | Malay Mail

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Govt has channelled RM20.147b to 357,429 employers through wage subsidy programme, says Finance Minister

KUALA LUMPUR, Jan 21 — The government has channelled RM20.147 billion to 357,429 employers through its wage subsidy programme that has helped to keep 2,951,854 jobs in an effort to reduce the unemployment rate.

According to Tengku Zafrul, for PSU 2.0, the wage subsidy was extended for three months for existing employers, that is those who had received PSU, while a six-month extension was given to all applicants from Oct 1, 2020 to Dec 31, 2020. “Up to Jan 7, 2022 a total of RM3.612 billion had been distributed to maintain the salaries of 1,521,767 workers. PSU 3.0 was also complemented and improved through aid packages such as PERMAI, PEMERKASA and PEMERKASA+,” he added.

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