Finance minister: Bantuan Keluarga Malaysia cash aid totalling RM8.2b is largest in country's history

  • 📰 malaymail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance minister: Bantuan Keluarga Malaysia cash aid totalling RM8.2b is largest in country's historyKUALA 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...
Source: malaymail - 🏆 1. / 86 Read more »

Finance minister: Total govt subsidies in 2022 nearly RM80b, highest in Malaysia’s historyKUALA LUMPUR, June 26 — The total amount of subsidies is expected to reach near RM80 billion this year, which is the largest amount in history, Minister of Finance Datuk Seri...
Source: malaymail - 🏆 1. / 86 Read more »

Finance minister: Total govt subsidies in 2022 nearly RM80b, highest in Malaysia’s historyKUALA LUMPUR, June 26 — The total amount of subsidies is expected to reach near RM80 billion this year, which is the largest amount in history, Minister of Finance Datuk Seri... Our cabinet salaries also highest in the World history..
Source: malaymail - 🏆 1. / 86 Read more »