Malaysia

S’wak premier announces RM1 bil package as inflation aid for locals

With 3.2% hike in costs, state sets up plan including discounts on bills, rental, others

Updated 4 years ago · Published on 29 Aug 2022 1:29PM

S’wak premier announces RM1 bil package as inflation aid for locals
Sarawak Premier Tan Sri Abang Johari Openg has announced a RM1 billion aid package to help Sarawakians with high inflation rates which includes five measures. – Bernama pic, August 29, 2022

by Stephen Then

MIRI – Sarawak Premier Tan Sri Abang Johari Openg today announced yet another package of subsidies and financial incentives, this time dubbed Bantuan Khas Sarawak Sayangku (BKSS) or Special Aid for Beloved Sarawak 9.0, for the state.

It features five goodies that the state government expects to finance with RM1 billion in funds, he told a press conference in state capital Kuching.

He said Sarawakians are seeing an inflation hike this year, with the rate increasing by 3.2% this year as of June.

“We are taking measures under BKSS 9.0 to help the people who are still feeling the economic difficulties,” he said.

Overall, it is estimated that the state treasury will foot about RM 1 billion to facilitate these BKSS 9.0 incentives, he added.

The five key points in BKSS 9 deal with all sectors including business and industrial sectors, as well as ordinary folk in housing estates and villages, he said.

The five measures are:

  • discounts of between five to 25% for monthly electricity bills for residential properties, and business and industrial premises, from July to December this year;
  • discount of between 10 to 25% for water bills for residential, business and industrial sectors from July to December;
  • assessment rate discounts of 25% for payers incurring more than RM400 per year and 30% discount for those paying less than RM400 per year.
  • 50% discount for rental of hawker stalls and market booths under all local councils in the state; and
  • variation of prices for construction raw materials for residential and businesses involved in construction projects to help cushion the impact of hikes in prices of essential raw building supplies.

Johari said the variation of prices for building materials is only applicable for government projects under the state government’s jurisdiction. – The Vibes, August 29, 2022

Related News

Opinion / 10h

The Malaysia Agreement 1963: Grievances and expectations in Sabah and Sarawak

Malaysia / 1d

Malaysia’s K-shaped economy: Growth without shared prosperity?

Community / 2d

Budget 2027: RM160m package for gig workers, but implementation will be key

Malaysia / 3d

Budget 2027: Anwar appears mindful of GE16, says analyst

Malaysia / 4d

Budget 2027 emphasises a dignified life, says NGO

Malaysia / 4d

AMK slams Eric See-To for using the Quran as a tool for political attacks

Spotlight

Malaysia

Man kidnapped, tortured, and killed following misunderstanding

Malaysia

'I will never forget taxi drivers who backed me in my hardest times' - PM Anwar

Malaysia

Najib fails to secure stay of 15-year jail term, RM11.38b fine in 1MDB case

Malaysia

Ivana Smit’s mother considers Federal Court appeal after RM1.1m award overturned

Education

Schools in Negeri Sembilan, Melaka to reopen tomorrow as haze conditions improve

Malaysia

Zara Qairina inquest: Investigating officer says final findings showed no suspicious circumstances

Malaysia

Man jailed 8½ years for abusing three-year-old boy, forcing the child to eat faeces

World

Pope Leo XIV diagnosed with lung cancer after successful surgery

Malaysia

More than 3,000 Myanmar refugees set for repatriation after Malaysia secures breakthrough

You may be interested

Malaysia

NUTP urges faster school closure notices as haze disrupts plans

Malaysia

Man jailed 8½ years for abusing three-year-old boy, forcing the child to eat faeces

Malaysia

Minimum wage, Myanmar refugee registration and Gaza crisis on Dewan Rakyat agenda

Malaysia

Johor police probe Molotov cocktail attack on Rohingya settlement amid viral video tensions

Malaysia

Singapore solely responsible for Linggiu Dam safety, PETRA Dep Minister says

Malaysia

MOF: Unsubsidised petrol prices fall 5 sen, diesel down 10 sen from tomorrow

Malaysia

Sinkhole mapping to be stepped up through Federal-state cooperation

Malaysia

Parliament service council gets bipartisan backing as autonomy restored