RM20.63bil disbursed to wage subsidy initiative

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz

KUALA LUMPUR: The government has disbursed RM20.63bil 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 RM12.958bil up to March 18.