KUALA LUMPUR: The government has disbursed RM20.64bil to 357,639 employers through the Wage Subsidy Programme (PSU) as of March 25, 2022, to retain 2.96 million local workers and reduce the unemployment rate among Malaysians.
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said 322,177 employers and 2.64 million employees benefitted from PSU 1.0 through the Prihatin Rakyat Economic Stimulus Package (Prihatin) and the Short-Term Economic Recovery Plan (Penjana), which saw approved wage subsidy applications reaching RM12.95bil as of March 25.
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