Home > News > Nation
Monday September 30, 2013 MYT 12:00:00 AM
Monday September 30, 2013 MYT 7:32:34 AM
IPOH: The 1Malaysia people’s aid (BR1M), which would see an increased amount when Budget 2014 is announced, is likely to be disbursed in instalments.
Also, the Government plans to deposit the money straight into the bank accounts of the recipients.
Finance Minister II Datuk Seri Ahmad Husni Hanadzlah said: “Since there are plans to increase the sum of BR1M for households and singles to more than RM500, it is right that the amount be given out in two instalments so that the money would not be spent at one go.
“The money will be deposited into the accounts of the recipients.
“At the moment, I cannot reveal the actual amount allocated for BR1M as the first draft of the Budget has been proposed to the Prime Minister.
“We are in the midst of enhancing it further.
“Therefore, we do not have the exact figure yet but it is definitely more than RM500,” he told reporters after opening the Sekolah Agama Rakyat Eshaniah in Kampung Datuk Ahmad Said Tambahan 2, near here, yesterday.
Asked if households with incomes of between RM4,000 and RM5,000 a month would be considered for BR1M, Ahmad Husni said: “The Government is looking at various modalities.”
He said there were such suggestions during discussions on the Budget but, he added, this did not necessarily mean those in this bracket would receive aid in the form of BR1M.
“There are certain strategies that we are looking into to safeguard their position but it is not finalised yet.
“After carrying out the rationalisation of subsidies, and with the recent petrol and diesel price hike, we are seeing ways on how to help the targeted and vulnerable groups,” he added.
Ahmad Husni said there was a need to look at long-term solutions to help the people, considering that the cost of living was increasing.
He added that under the Economic Transformation Plan, there were plans to provide more job opportunities, increase the supply chain and the minimum wage.
“So, in Budget 2014 we will see ways on how to overcome the issue when subsidies are reduced and the cost of living increases,” he said.
Tags / Keywords:
Government, Family & Community, BR1M, ahmad husni hanadzlah, budget 2014
Copyright © 1995-2013 Star Publications (M) Bhd (Co No 10894-D)