KUALA LUMPUR – The Wage Subsidy Programme has helped safeguard jobs, benefitting 322,177 employers and 2.64 million employees.
Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said RM12.49 billion in wage subsidies had been approved as of November 20 compared with RM12.38 billion last week.
“The Wage Subsidy Programme 2.0 (WSP 2.0) started in October. As of November 20, RM164.26 million has been spent to assist 34,479 employers to enable them to continue operations and retain 273,767 employees.
“New applications for WSP 2.0 are open to employers until December 31,” Tengku Zafrul said when presenting the 31st Economic Stimulus Implementation and Coordination Unit between National Agencies report today.
Under the hiring incentive programme and training assistance, 84,922 employees have managed to secure jobs. This number includes 68,198 workers under the age of 40; 10,874 individuals between the ages of 40 and 60; as well as 5,499 apprentices and 351 people with disabilities.
As for reskilling and upskilling programmes, 124,526 individuals have been approved to participate. – Bernama, December 2, 2020
