BPN2.0 payments to be distributed from Jan 21

by LYDIA NATHAN/ pic by BLOOMBERG

 

 The distribution of Bantuan Prihatin Nasional 2.0 (BPN2.0) will be accelerated starting from Jan 21, 2021. 

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the acceleration is due to the reinstatement of stricter measures by the government to curb Covid-19 transmissions.

Six highly affected states have been put under the Movement Control Order (MCO) namely, Penang, Selangor, Melaka, Johor, and Sabah as well as the federal territories of Kuala Lumpur, Putrajaya and Labuan.

Pahang, Perak, Negeri Sembilan, Kedah, Terengganu, and Kelantan are now subjected to the Conditional MCO (CMCO), while Perlis and Sarawak will remain under the Recovery MCO (RMCO).

In a statement released by the Finance Ministry, the minister said 11.06 million beneficiaries will benefit from the second phase of BPN 2.0, including 10.6 million existing beneficiaries while 460,000 new appeals have been accepted.

Applications for appeals were passed through when the appeal period was open from Oct 15, 2020 until Nov 15, 2020.

“The 11.06 million beneficiaries consist of 5.82 million single individuals and 5.24 million households totalling in RM7.18 billion so far,” he said.

Tengku Zafrul said the Bottom 40 (B40) income group will begin receiving payments credited to their bank accounts from Jan 21, 2021, while the Middle 40 (M40) from Jan 25, 2021.

“Beneficiaries without a valid bank account can go to Bank Simpanan Nasional (BSN) from Jan 25, 2021, while beneficiaries in Sabah and Sarawak without a bank account will receive payments starting from early February until April 1, 2021 and will be notified on the locations,” he said.

RM1.21 billion have been allocated for 3.81 million B40 households; RM700 million for 4.08 million B40 individuals; RM29 million for 1.43 million M40 households; and RM18 million for 1.74 million M40 individuals.

BPN2.0 is an initiative under the Kerangka Inisiatif Tambahan Prihatin (Kita Prihatin) framework with an allocation of RM10 billion along with efforts to revive the economy to safeguard the people’s well-being.  

 

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