PM: Additional cash assistance of RM100 for B40 families; RM50 for B40 singles

PM: Additional cash assistance of RM100 for B40 families; RM50 for single people B40

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KUALA LUMPUR (June 22): The government will provide additional Bantuan Keluarga Malaysia (BKM) cash assistance to the bottom 40% (B40), with an additional RM100 earmarked for households and RM50 for singles after taking into account challenges cost of living and the recent increase in food prices, Prime Minister Datuk Seri Ismail Sabri Yaakob said in a special announcement on Wednesday June 22.

“I already announced on June 1 that [additional] cash assistance would be provided to Malaysian families affected by the cost of living challenge when the government no longer subsidizes the price of chicken, eggs and other food items,” said Ismail Sabri.

He said the announcement meant there would be an additional cash aid of RM630 million on top of the second phase of BKM payments. The payment will benefit nearly 8.6 million beneficiaries, including four million households, 1.2 million elderly people and 3.4 million single people.

“Eligible recipients will receive installment payments from June 27, totaling RM1.74 billion.

“This payment is also intended to ease the financial burden of the B40 group, especially in view of the upcoming Hari Raya Aidiladha festival. The government is always aware of the current needs, especially in view of the rising commodity prices, and will continue to work for the welfare of Malaysian families, especially the target group,” added Ismail Sabri.

Under BKM Phase 1, each eligible B40 household received RM400 in cash while singles received RM200.

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