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

Spotlight

Malaysia

After Johor, the uncomfortable question for Anwar’s critics: Were we too impatient?

By The Vibes Says

Malaysia

Network School's business licences revoked, to cease operations tomorrow

Opinion

Orang Asli in Pahang: Token gestures or genuine recognition?

Malaysia

Tuition teacher sentenced to 105 years in prison and 70 lashes for raping daughter

Malaysia

Azam Baki denies involvement in RM178.29 million contract linked to brother’s company

Malaysia

Aminuddin urges NS voters to weigh manifesto promising benefits for M40 and B40 groups

Malaysia

No need to resign, PM has absolute power if there is doubt – Ahmad Zahid

World

Gaza’s water crisis deepens as families face thirst, disease and collapsing sanitation systems

You may be interested

Malaysia

MINDEF to install radar on Layang-Layang Island to strengthen South China Sea surveillance

Malaysia

Sabah does not agree to 200-litre diesel quota, forms special committee - Masidi

Malaysia

Police station chief suspended for allegedly accepting RM500 bribe

Malaysia

Mechanic sentenced to 20 years and seven lashes for rape and armed robbery of teenager

Malaysia

After Johor, the uncomfortable question for Anwar’s critics: Were we too impatient?

By The Vibes Says

Malaysia

PM holds final authority on cabinet appointments - Minister

Malaysia

Network School's business licences revoked, to cease operations tomorrow

Malaysia

AirBorneo an important ‘air bridge’ between Sarawak, Peninsular Malaysia – Abang Jo