Govt launches PEMULIH package worth RM150 bln, including fiscal injection of RM10 bln – PM

By , in Nation on .

KUALA LUMPUR, June 28  — The government has today launched the National People’s Well-Being and Economic Recovery Package (PEMULIH) worth RM150 billion, comprising the government’s direct fiscal injection of RM10 billion, aimed at providing comprehensive assistance to the people and focusing on three main focuses, Prime Minister Tan Sri Muhyiddin Yassin said.

According to him, the three focuses are Continuing the People’s Welfare Agenda, Supporting Businesses and Increasing Vaccinations.

“Since the COVID-19 pandemic hit our country, the government has implemented seven assistance programs and stimulus packages with a total value of RM380 billion.

pemulih

“So far, more than RM200 billion has been channelled and benefited more than 20 million people and 2.4 million businesses. Budget 2021 is worth RM322.5 billion and there is still RM100 billion to be spent until the end of this year,” he said during the announcement of the PEMULIH package which was broadcast live on television today.

Muhyiddin said to focus on continuing the people’s welfare agenda, the government announced that until the end of this year, it would channel direct cash assistance to the people amounting to RM10 billion. This direct cash assistance includes Bantuan Prihatin Rakyat or BPR.

During the recent PEMERKASA Plus announcement, the government agreed to provide additional BPR payment of up to RM500 in July and the payment will be made in stages starting tomorrow, June 29.

Meanwhile, the third phase of BPR with aid of RM100 to RM1,400 will be paid in September.

September will also involve payments of approved BPR appeal cases.

In total, the BPR value until the end of the year was RM4.9 billion.

BERNAMA

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