Budget 2016: BR1M quantum increased


Prime Minister Datuk Seri Najib Tun Razak, when tabling Budget 2016 at the Dewan Rakyat here today, said the BR1M assistance for households with monthly income between RM3,001 and RM4,000, would be raised from RM750 to RM800. 

Najib, who is also Finance Minister, said for single individuals aged 21 and above with monthly income not exceeding RM2,000, the assistance would be increased from RM350 to RM400. 

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Budget2016 , Finance , Najib Tun Razak

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