Selangor announces RM128m stimulus package

The stimulus package covers a wide range of sectors from businesses, education, medical and individual residents

By AFIQ AZIZ / Pic By RAZAK GHAZALI

THE Selangor state government has allocated RM127.8 million for a stimulus package to assist its residents in facing the 14-day Movement Control Order (MCO).

The allocation is being financed by the Selangor treasury funds and state-owned companies under their corporate responsibility programme, Mentri Besar (MB) Datuk Seri Amirudin Shari said.

The stimulus package covers a wide range of sectors from businesses, education, medical and individual residents.

He said the biggest chunk of the allocation amounting to RM70 million will be allotted to support a three-month loan deferment for 40,000 entrepreneurs under the hijrah micro-credit scheme.

“Rental exemptions will also be given to 80,000 hawkers and premises for licensed businesses to ease their burden due to the loss of income during the MCO. This consumes RM12 million.

Hawkers and licensed businessmen will also be granted a one-off assistance of RM500 each to ease cashflow, which would cost about RM40 million, bringing a total of RM52 million for this initiative alone, Amirudin said in a statement last Friday.

Applicants can make their submissions from April 1-30 and the money will be channelled after the MCO ends.

About 2,500 students in Sabah and Sarawak who have been instructed to stay on campus will be given RM200 each.

On the other hand, for students who are studying in Selangor institutions, a food delivery programme will be activated from March 22-31.

“In total, the allocation for college and university students is RM2.3 million,” Amirudin said.

Prime Minister Tan Sri Muhyiddin- din Yassin, on March 16 night, announced a nationwide MCO effective March 18-31 to curb the spread of Covid-19.

This is the first time such an order has been enforced in Malaysia.

The control order is made under the Prevention and Control of Infectious Diseases Act 1988 and the Police Act 1967, which stops non-essential activities including education.

After the announcement, thousands of students have gone home while some are stuck on campuses.

Small businesses selling non-essential items have also been instructed to close shop.

The Selangor government will also incentivise some 6,000 health officials in the state with a one-off payment of RM200 each, with a total allocation of RM1.2 million.

As for Selangor residents, the land tax payment will be deferred for a month to Jun 30, from the original date of May 31.

The MB also announced a special provisional fund to all 56 assemblymen in Selangor, with about RM30,000 each to be disbursed to the needful groups in their respective areas.

“The minimum provision for this initiative is about RM1.68 million,” Amirudin said.

Finally, the state has also approved a three-month deferment of rental involving 2,700 tenants in the Smart Sewa scheme with a total cost of RM600,000.