Govt may consolidate cash aid after Budget 2021, Zafrul says


Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the government is discussing with relevant stakeholders, including the Social Security Organisation (SOCSO) on how to improve the wage subsidy programme,

KUALA LUMPUR: The government may consider consolidating its direct cash assistance to the rakyat, particularly after Budget 2021, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

He said the government was discussing with relevant stakeholders, including the Social Security Organisation (SOCSO) on how to improve the wage subsidy programme, as various aspects needed to be considered, including the existing wage differences in Malaysia.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Asian FX gain as dollar droops, stocks track Wall Street higher
I-Bhd announces RM100mil investment pledge from major shareholder
Heineken sells more beer in Q1, sticks to outlook
GFM Services to transfer to Main Market on April 26
MYEG, Zetrix and MaiCapital to explore launch of virtual asset funds
Asian shares jump on tech boost; fragile yen on intervention watch
The business of immersion
MPOB intensifying oil palm industry R&D strategies, says chairman
Hong Kong bourse operator's Q1 profit down 13% on weaker listings, trading
FBM KLCI hits fresh two-year high as rally continues

Others Also Read