Govt allocates RM3.8bil for 4-month PSU 4.0 from Aug 1

Tengku Zafrul said the government had spent more than RM15bil under PSU to save over 2.8 million jobs.

KUALA LUMPUR: The government will extend the Wage Subsidy Programme (PSU) to PSU 4.0 which will be implemented over four months from Aug 1, 2021, aimed at helping employers to continue their business and retain their employees, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

He said for PSU 4.0, a total allocation of RM3.8 billion would be channelled to qualified employers and limited to 500 workers for each company.