Malaysia

Third phase of Rahmah cash aid to be disbursed from June 26: MoF

Over RM2 billion allocation to benefit eight million beneficiaries, says ministry

Updated 2 years ago · Published on 22 Jun 2023 1:34PM

Third phase of Rahmah cash aid to be disbursed from June 26: MoF
The Rahmah cash aid’s first and second phases took place in January and April, says the Finance Ministry. The three phases for this year involve allocations amounting to RM5 billion, with payment of the fourth phase expected in November. – AZIM RAHMAN/The Vibes file pic, June 22, 2023

PUTRAJAYA – The third phase of the Rahmah cash aid (STR 3) for B40 recipients will be disbursed in stages beginning June 26, said the Finance Ministry (MoF).

MoF said in a statement today that the payment will entail an allocation of more than RM2 billion benefitting eight million beneficiaries who would receive between RM100 and RM1,300.

The payment will be credited directly to their bank accounts from June 26 to July 5.

Those who do not have a bank account can cash out the payment at Bank Simpanan Nasional branches beginning June 26.

It said checks for STR 3 approval status can be made from June 26. 

The appeal application period is from July 3 to 31.

For rejected applications, applicants can submit relevant documents for review by the Inland Revenue Board.

MoF also said that the scheme’s first and second phases took place in January and April.

The three phases for this year involve allocations amounting to RM5 billion, with payment of the fourth phase expected in November. – Bernama, June 22, 2023

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