Malaysia

Budget 2023: one-off RM2,500 per low-income household of five or more kids

Total allocation for direct cash aid is RM10 bil, says minister

Updated 4 years ago · Published on 07 Oct 2022 4:55PM

Budget 2023: one-off RM2,500 per low-income household of five or more kids
Datuk Seri Tengku Zafrul Tengku Abdul Aziz says that the significant increase in aid is in line with the federal government’s adjustment of the national poverty line income in 2019 from RM980 to RM1,169. – The Vibes file pic, October 7, 2022

KUALA LUMPUR – The government has allocated RM10 billion meant for direct cash aid through the Welfare Department and Bantuan Keluarga Malaysia for 2023, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said when tabling the budget today.

This includes one-off aid of RM2,500 for households that earn less than RM2,500 and have five or more children.

This is the highest one-off cash aid provided by the government thus far, he said.

The RM10 billion total also includes RM2.5 billion to the Welfare Department, up from RM1.5 billion allotted for 2022.

Cash aid from the Welfare Department also includes assistance meant for those facing chronic diseases and the disabled, to name a few.

Tengku Zafrul stated that the significant increase in aid is in line with the federal government’s adjustment of the national poverty line income in 2019 from RM980 to RM1,169. – The Vibes, October 7, 2022

Related News

Malaysia / 2y

Balance of Budget 2023 funds must be utilised before year end, says Ahmad Maslan

World / 2y

Indo-Pacific: ‘Substantial conclusion’ on new US-led economic initiative

Malaysia / 3y

60% Budget 2023 spending achievable by August: Ahmad Maslan

Business / 3y

Strategic Investor Pass will attract more FDI, DDI: Tengku Zafrul

Malaysia / 3y

RM188 bil of 2023 budget spent as of June: Anwar

Business / 3y

‘Economic growth sure, but long-term focus on trade, investment necessary’

Spotlight

Business

Ringgit gains as oil prices plunge on hopes of Iran conflict de-escalation

Events

UKM to establish academic research platform named after Dr Wan Azizah

Malaysia

Deepavali preparations destroyed as flash floods inundate Sungai Buloh homes

Malaysia

Melaka polls: Calm campaign puts focus on what parties can offer voters

Malaysia

Anwar challenges Hadi over ‘Dajjal’ label

Malaysia

Shuhaily remains AKPS chief pending official transfer order, says lawyer

Malaysia

Najib's former wife Tengku Puteri Zainah passes away

Malaysia

Matrade exposes scam involving fake procurement orders, advance payment demands

By Alfian Z.M. Tahir

Malaysia

“Don’t panic,” Govt assures stable essential goods supply amid geopolitical tensions, monsoon threat

You may be interested

Malaysia

Sarawak moves closer to taking over scheduled waste management under MA63

Malaysia

Malaysia favours diplomacy over legal action in tackling transboundary haze with Indonesia

Malaysia

AGC: Najib's house arrest should be suspended pending legal review

Malaysia

Petron, Caltex offer goodwill payments for verified RON95-related vehicle damage claims

Malaysia

Let the US election results be a reminder to us – Guan Eng

By Ian McIntyre

Malaysia

Rosmah says she knows nothing about RM50m fine related to Najib’s house arrest

Malaysia

Immigration stamp forgery syndicate busted, three arrested in Selangor

Malaysia

Selangor rolls out 105 flood mitigation projects worth RM4.28b amid renewed flooding