Prihatin special grant makes huge impact

Sunway Yeah Kim LengSunway University economics professor Yeah Kim Leng said the nominal assistance is a sign that the government is steadfast in continuously supporting MSMEs during the recovery phase in 2021, following the various financial aids provided under the previous Covid-19 packages last year.

KUALA LUMPUR: The assistance provided through the Prihatin Special Grant or Geran Khas Prihatin (GKP) showcases the government’s concern towards micro small and medium enterprises (MSMEs) that are the bedrock of the country’s economy.

GKP, which is aimed at helping MSMEs that are affected by the Covid-19 pandemic, was introduced during the first round of the movement control order (MCO) last year; and to date, the grants have helped 900,000 MSMEs with a total allocation of RM3.58bil.