KUALA LUMPUR (April 28): The second phase of Bantuan Prihatin Nasional (BPN) payment for the bottom 40 (B40) and middle 40 (M40) groups will be carried out starting May 4, says finance minister Tengku Zafrul Aziz.
He said the payment will be made to both individuals and households in the two income groups.
For the first phase, he said the cash aid program received 2.96 million new applications and 300,000 appeals as of April 26. “The process for this will end this Thursday, while announcement on payment will be made next week,” he said in a live video on Facebook today.
The first phase of BPN payment, which started on April 17, saw 7.7 million individuals receive the cash aid amounting to RM5.47 billion in total.
This includes 157,000 recipients who do not have a bank account and received the aid in cash at Bank Simpanan Nasional branches nationwide.
Other updates on the Prihatin economic stimulus package shared by Tengku Zafrul are as follows:
Tengku Zafrul also highlighted several corporate social responsibility initiatives taken by the private sector including the government-linked companies (GLCs) and government-linked investment companies (GLICs) Disaster Response Network (GDRN) which has collected some RM95.4 million to help during the Covid-19 crisis.
Out of the total, he said RM70 million has been channelled to the Ministry of Health for the purchase of various medical and lab equipment as well as other necessities.
This includes 138 ventilators, 56,000 face masks, 69,000 gloves and over 1,700 personal protective equipment.
On the Hasanah Special Grants 2020, aimed at helping the vulnerable communities, Tengku Zafrul said over 100 non-government organisations have applied for the grants of not more than RM250,000 each. Application for the grants will be closed on Oct 15.
“In mid-April, an allocation of RM25 million was channelled to the ministry of women, family and community development as part of the government’s initiatives to collaborate with NGOs and social entrepreneurs to help the vulnerable groups.
“They include children and senior citizens of shelter homes, disabled individuals, the homeless and Orang Asal communities. The allocation will be spent on food supplies, healthcare products and shelters for the groups,” said Tengku Zafrul.
On the country’s economic plight, the finance ministry said the government has embarked on a plan towards short, medium and long-term economic recovery.
“We are in the midst of engaging with stakeholders to ensure the plan is robust and comprehensive. The support of all segments of society is important in making the plan a reality and a success,” he added.
#dudukrumahdiamdiam. We will deliver the news to you at theedgemarkets.com.