By RAHIMI YUNUS / Pic by BERNAMA
The distribution of Bantuan Prihatin Nasional 2.0 (BPN 2.0) will take at least a week to be fully credited to the recipients.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the BPN 2.0 distribution involves a value of RM2.38 billion and has begun on Jan 21, 2021.
He said from Jan 21 to 24, 6.4 million accounts have been credited and another 3.8 million accounts have been or are being credited from Jan 25 to 29.
From Jan 25, he said around 750,000 recipients from the Bottom 40% and Middle 40% groups without bank accounts have begun cash collection at Bank Simpanan Nasional (BSN) branches in Peninsular Malaysia.
“The government hopes that the expedited assistance will provide some cash flow relief for 11.06 million single and household recipients during this Movement Control Order (MCO) period,” Tengku Zafrul said in the latest report on Laksana, or Unit Pelaksanaan dan Koordinasi Stimulus Ekonomi Antara Agensi Nasional, today.
He said the Wage Subsidy Programme (PSU) 3.0 will receive an additional allocation of RM500 million, making the amount of RM1.5 billion under the Malaysian Economic and Rakyat’s Protection Assistance Package (Permai).
He added that this also means that the PSU programme amounts to RM20.7 billion in total.
Meanwhile, the minister said PSU 1.0, which is still ongoing under the National Economic Recovery Plan (Penjana), had achieved a value of RM12.7 billion for 322,177 registered employers and 2.64 million employees.
For PSU 2.0, which is under the Kerangka Inisiatif Tambahan Khas Prihatin (Kita Prihatin) package, a total of RM590.4 million had been channelled to 57,146 employers to continue operating and maintaining the employment for 475,510 employees.
Besides that, Tengku Zafrul said the Permai Prihatin Special Grant will receive an additional injection of RM150 million due to the expansion of the MCO to over almost the entire country except for Sarawak, making the total to RM800 million.
As of Jan 15, the Reskilling and Upskilling Programme saw a slight increase to 134,179 individuals from 134,179 as of the previous week.
Meanwhile, the My30 public transport subsidy has recorded a total of 751,414 of the unlimited travel passes being sold with a total of RM127.74 million in subsidies provided.
Tengku Zafrul said the RM100 million Tekun Business Recovery Scheme has achieved its objectives benefitting 14,946 micro small and medium enterprises (SMEs).
He also said as of Jan 15, the Penjana Micro Credit Financing under BSN has disbursed a total of RM328.1 million to 9,652 micro SMEs.
Additionally, some RM74.5 million had been channelled to 7,012 agriculture micro SMEs as of Jan 15 as compared to RM71.3 million to 6,748 agriculture micro SMEs the previous week.