Incentives to tide over pandemic


Chow announcing the economic stimulus package via live streaming on Facebook.Chow announcing the economic stimulus package via live streaming on Facebook.

THE Penang government has announced a RM75mil Covid-19 economic stimulus package which will benefit 410,000 people from ‘the most vulnerable groups’ in the state.

The 17-point stimulus package was announced by Chief Minister Chow Kon Yeow who said the incentive was for the working class and small businesses to ensure business continuity and the development of the state post Covid-19.

“The economic aid is for hawkers, small businesses, taxi drivers, trishaw riders, e-hailing drivers, the physically challenged and those from the B40 group, ” he said yesterday.

Among the package is a one-off payment of RM500 to traders and licensed hawkers, including those in night markets, pasar tani and food truck operators.

“A one-off payment of RM500 will also be given to licensed tourist guides, the physically challenged and state Agenda Ekonomi Saksama (Just Economic Aid) recipients.

“The present annual aid of RM300 for taxi drivers will be given with a one-off additional payment of RM200 and one-off payment of RM300 to e-hailing drivers.

“The state government is also giving two months’ reprieve to those who are renting the state government and People’s Housing Project public housing schemes.

“We sympathise with Covid-19 infected victims and will be paying a one-off payment of RM500 to the victims and RM1,000 to the beneficiaries of those who have died.”

Chow was speaking at his daily announcement via Facebook live. Since the movement control order began, Chow had stopped holding press conferences and only spoke publicly via Facebook.

He also said the state has not forgotten the frontliners in the battle against Covid-19 and have allocated RM300 for Federal Government workers and local government staff who are involved in the task.

“The state has taken the first step by moving forward on the various incentives and the private sector could join the efforts in the economic recovery post Covid-19.”

Chow said it would be good if the private sector would come forward by playing their part and coming out with their own incentives to re-develop the state’s economy.

“The state has created a conducive atmosphere for businesses to conduct their activities with the RM75mil package as we are in this together, ” he added.

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