PM: Grant for SMEs to be given out from next week

Datuk Seri Ismail Sabri Yaakob. - Bernama filepic

PETALING JAYA: The government will channel RM500mil of assistance to small and medium enterprises (SMEs) through the Prihatin Special Grant (GKP) 4.0 beginning Sept 21, says Datuk Seri Ismail Sabri Yaakob.

“With this aid, it is hoped that small businesses such as food stalls, barbers, workshops and cake shops will be able to reduce their burden and help in their cash flow,” he said.

Each payment of RM500 will be given out in September and November.

The Prime Minister said the grant, which is a component of the Economic Recovery Package (Pemulih), will benefit more than one million recipients.

In a statement yesterday, he said the aid would be transferred directly into bank accounts registered with the GKP system.

The status of the GKP 4.0 can be checked at

So far, he said RM6.08bil had been channelled to SMEs under the GKP since the pandemic began.

“I hope this aid will be able to revive the SME sector, which is the engine of economic growth for the Malaysian family.”

The government, he said, would give priority to industry players who were among those most affected during the pandemic.

Meanwhile, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the status of those who applied and then appealed for the Bantuan Prihatin Rakyat (BPR) can be checked at starting today.

This will involve almost 200,000 BPR recipients with an estimated allocation of RM240mil, said Tengku Zafrul, adding that the payments would be credited at the end of this month into accounts registered with the BPR.

He said in a statement the payout would also be given to recipients of the third phase of the BPR.

Tengku Zafrul said the government had updated the data of the B40 group eligible to receive the BPR after their appeals were submitted from June 15 to June 30.

The appeals were verified by the Inland Revenue Board to ensure that the aid would benefit those who qualified for it.

“The government hopes that this cash assistance totalling RM17.1bil until the end of the year can assist Malaysian families in managing their expenses,” he said.

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Ismail Sabri , Tengku Zafrul


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