Sections

About

Get the app

Follow us on

Malaysia

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

Ministry says aid to benefit over 10 mil recipients

Updated 2 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

Related News

Events / 1mth

Ministry confident of reaching targeted  MSMEs to cope with rising costs - Steven Sim

Malaysia / 2y

Govt exempts MSMEs earning below RM150,000 annually from e-invoicing

Malaysia / 2y

Spanco chairman pleads not guilty to charge of cheating Finance Ministry

Malaysia / 2y

Anwar won’t host Hari Raya open house to save money

Business / 2y

Tabung Haji to begin talks with MoF on return of assets

Business / 2y

Plantation ministry to moot replanting grants to MoF: Fadillah

Spotlight

Malaysia

PRN Negeri Sembilan: The battlegrounds, big names and three-cornered fights to watch

By Alfian Z.M. Tahir

People

Woman ends up with RM500 over food bill after date with ‘doctor’

Malaysia

Love scam: Twelve China nationals arrested in Ipoh over suspected online call centres

Malaysia

ASLI to field female candidate in Jeram Padang DUN

Community

‘Furry officer’ laid to rest as Kuching traffic police mourn beloved stray cat (video)

By Alfian Z.M. Tahir

Malaysia

Father mauled by crocodile as son watches in horror in Sabah river (UPDATED)

Malaysia

Johor shuts down Forest City Network School premises

Malaysia

Singapore: Chief Justice Sundaresh Menon to retire in Feb 2027, succeeded by Justice Sushil Nair

You may be interested

Malaysia

PRN Negeri Sembilan: Four seats in focus, battle expected to be tougher than Johor

Malaysia

BN-PN pact in Negeri Sembilan polls centred on stability and full 36-seat victory target

Malaysia

ASLI to field female candidate in Jeram Padang DUN

Malaysia

PRN Negeri Sembilan: Handshake between Hadi Awang and Asyraf Wajdi centre of attention

Malaysia

PRN Negeri Sembilan: Straight fight in Rantau, Chembong, three cornered in Paroi, Kota

Malaysia

Bersatu looks beyond PN as Muhyiddin signals new alliance after Negeri polls

By Alfian Z.M. Tahir

Malaysia

Govt launches National Month celebrations under 'Malaysia Madani: Shared Prosperity' theme

Malaysia

Love scam: Twelve China nationals arrested in Ipoh over suspected online call centres