Malaysia

RM567.9 million spent through e-wallet by 11.36 million Malaysians

Finance Minister Tengku Zafrul Aziz revealed this in a Facebook live session on the implementation of the Prihatin and Penjana stimulus packages

Updated 5 years ago · Published on 14 Oct 2020 2:25PM

RM567.9 million spent through e-wallet by 11.36 million Malaysians
The Penjana and Prihatin stimulus packages were introduced by Finance Minister Tengku Zafrul Aziz to revilatise the economy that was ravaged by the Covid-19 pandemic. – Bernama filepic, October 14, 2020

by Cindi Loo

KUALA LUMPUR – A total of RM567.9 million of ePenjana credit has been spent by 11.36 million Malaysians throughout the period from July to September this year.

“This means RM567.9 million has been spent by Malaysians through their e-wallets to stimulate the economy,” said Finance Minister Tengku Zafrul Aziz in a Facebook Live session today.

He was sharing the report on the implementation of the Prihatin and Penjana simulus packages so far.

To recap, the ePenjana incentive is open to Malaysians aged 18 and above with an annual income of below RM100,000, and can only be redeemed once through an e-wallet of their choice – namely Boost, Touch ‘n Go eWallet or GrabPay.

They must register and download the MySejahtera app in order to redeem RM50 from July 31, and must use the RM50 by Sept 30.

Besides that, he said as of October 2, a total of RM66.4 million has been channelled, benefitting 221,345 recipients consisting of registered persons with disabilities, single mothers and volunteers from the Home Help Services Programme.

He also said a total of 61,339 individuals have obtained approval in the reskilling and upskilling programme.

“A total of 48,617 employees have managed to secure jobs through the hiring incentive programme and training assistance. This is an increase from 439,98 last week,” he added.

Tengku Zafrul said RM11.967 billion in wage subsidies have been approved to benefit more than 322,022 employers, as well as more than 2.6 million employees under the wage subsidy programme introduced by the government.

“For everyone's information, Socso is working with the Malaysian Anti-Corruption Commission (MACC) regarding 30 cases of false wage subsidy programme claims by employers. The government will not compromise in taking action against any employer who tries to make a claim but does not channel this subsidy to their employees,” he said.

He also noted that the unemployment rate from the Statistics Department of Malaysia remains at 4.7%, but the number has dropped from 745,100 unemployed in July to 741,600 in August.

“There is also some feedback that will be used by the government in framing comprehensive and wholesome steps under the 2021 Budget,” he said.

Some of the feedback includes increasing support for mental health services, facilitating access to assistance for vulnerable groups such as senior citizens, strengthening the role of government-linked companies in supporting the community, enhancing the role of social enterprise, and increasing job opportunities. - The Vibes, October 14, 2020

Related News

Malaysia / 4mth

Effects of global supply crisis expected to be felt in 1-2 months - Tengku Zafrul

Malaysia / 1y

Former MP calls for clarification over imposition of 25% tariff by US

Malaysia / 1y

Umno is not a springboard for anyone’s personal agenda, says Tengku Adnan

Business / 1y

ASEAN economy to expand at 4.7 per cent in 2025 – Tengku Zafrul

Malaysia / 2y

4 MNCs cease operations in Malaysia

Malaysia / 2y

Najib’s house arrest bid: Tengku Zafrul seeks leave for affidavit to correct ‘errors’

Spotlight

Malaysia

Puteri Umno distances itself from viral Threads post

By Alfian Z.M. Tahir

Malaysia

MACC drops orange detention attire for court remand cases after PM’s call

World

Man jailed six years for keeping Indonesian woman as slave in Melbourne home

Malaysia

Emergency declared in Serian as haze reaches hazardous levels (UPDATED)

Malaysia

Haze in Serian enters emergency phase

Malaysia

Death sentence for deaf, mute man who killed family of four upheld

Malaysia

Retired army officer with Datuk title charged with alleged sexual assault of golf caddie

Heritage

Penang first state to recognise Hungry Ghost Festival, cemeteries as heritage

You may be interested

Malaysia

Retired army officer with Datuk title charged with alleged sexual assault of golf caddie

Malaysia

Parliament must turn demographic shifts into laws, budgets, action, says Johari

Malaysia

Second Malaysian held in Chennai in one month with RM520k cannabis haul

Malaysia

Child malnutrition needs urgent action, says Charles Santiago

By Alfian Z.M. Tahir

Malaysia

Six Malaysians held over RM45 million drug haul linked to co-pilot

Malaysia

Serian air pollution hits hazardous level with API reading of 495

Malaysia

DEEP is not for punishing top civil servants, says Chief Secretary

Malaysia

‘What she said is not true’ — TH chairman says Madinah was served subpoena