THE RM75 Perlindungan Tenang Vouchers (PTV) initiative has been discontinued due to low claim rates compared to the allocation provided under the scheme, says Deputy Finance Minister Datuk Seri Ahmad Maslan.
He said, Bank Negara was reviewing the PTV implemented in 2021 and 2022 during the Covid-19 pandemic to provide insurance and takaful protection for certain groups, especially the B40.
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