Malaysia

Prihatin Special Grant 4.0 applications open until July 31: Tengku Zafrul

Micro SMEs that previously weren’t approved can reapply, says finance minister

Updated 5 years ago · Published on 15 Jul 2021 4:46PM

Prihatin Special Grant 4.0 applications open until July 31: Tengku Zafrul
Tengku Zafrul said payments under the RM1 billion Prihatin Special Grant 4.0 allocation will be made in September (RM500) and November (RM500) this year for both current GKP recipients and approved new applicants. – File pic, July 15, 2021

KUALA LUMPUR – Registrations for new Prihatin Special Grant (GKP) 4.0 applications are open online from today until July 31, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz.

“With this new registration process, some of the micro small and medium enterprises (SMEs) that did not get approval previously and have not received the GKP will still have an opportunity to submit applications for verification again.

 “Micro SMEs that are eligible for GKP 4.0 are businesses that fulfil the micro SME criteria and are also registered with the Companies Commission of Malaysia, local authorities, or Inland Revenue Board as at June 30, 2021,” he said in a statement today.

Tengku Zafrul said payments under the RM1 billion GKP 4.0 allocation would be made in September (RM500) and November (RM500) this year for both current GKP recipients and approved new applicants.

Current GKP recipients do not have to reapply.

“Overall, a total allocation of RM6.1 billion has been or will be channelled under GKP to almost one million micro SMEs since the Covid-19 pandemic began.

“The government is hopeful that the continuous direct assistance channelled to micro SMEs will ease their burden, especially for businesses that are still not allowed to operate,” he added. – Bernama, July 15, 2021

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