Govt disburses RM20.63bil to wage subsidy programme up to March 18


Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz

KUALA LUMPUR: The government has disbursed RM20.630 billion to 357,618 employers through the wage subsidy programme (PSU) up to March 18, 2022, which has helped to sustain 2.96 million local jobs in an effort to reduce the unemployment rate.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said for PSU 1.0, a total of 322,177 employers and 2.64 million workers benefited from the PRIHATIN economic stimulus package and the National Recovery Plan (PENJANA), whereby wage subsidy applications approved hit RM12.958 billion up to March 18, 2022.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PSU , MySTEP , PENJANA , Tengku Zafrul Abdul Aziz ,

Next In Business News

Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk
Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Nestle to explore sale of ice cream business

Others Also Read