Malaysia

RM100 e-cash to be rolled out fourth quarter this year: MoF

Ministry says aid to benefit over 10 mil recipients

Updated 3 years ago · Published on 01 Aug 2023 4:15PM

RM100 e-cash to be rolled out fourth quarter this year: MoF
The Finance Ministry says the roll-out of the RM100 e-cash credit is being studied by the ministry and relevant stakeholders. – SYEDA IMRAN/File pic, August 1, 2023

KUALA LUMPUR – The RM100 e-cash credit for all citizens aged 21 years and above within the B40 and M40 groups will be rolled out in the fourth quarter of this year. 

The Finance Ministry, in a statement on Facebook today, said the matter is being studied by the ministry and relevant stakeholders.  

“The e-cash aid will benefit more than 10 million recipients,” it said. 

The aid for citizens earning RM100,000 and below, with an allocation of RM1 billion, was announced by Prime Minister Datuk Seri Anwar Ibrahim during the launch of the Madani Economy: Empowering the People initiative on July 27. – Bernama, August 1, 2023

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