HEADLINES :




Who gains what
Published on: Saturday, March 28, 2020
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Photo: Bernama
Following are highlights of the package:
  •  An additional allocation of RM1 billion to finance the procurement of equipment and services to fight Covid-19.
  • A Special fund of RM8 million for insurance and takaful industry players to finance the cost of Covid-19 tests and screening.
  • A Special allowance for medical and healthcare workers increased from RM400 to RM600.
  • A Special allowance of RM200 to military, police, Customs, Immigration, Civil Defence Force and People’s Volunteer Corps (RELA) involved in the MCO. 
  • A “Bantuan Prihatin Nasional” of RM10 billion to help those in the M40 group and below affected by the Covid-19 pandemic, including private-sector employees, Felda settlers, farmers, fishermen and petty traders. The allocation includes:
  • RM1,600 for almost 4 million households with income of RM4,000 and below. 
  • RM1,000 for almost 1.1 households with income between RM4,000 and RM8,000.
  • M800 for three million individuals aged 21 and above with single status and earning RM2,000 and below.
  • RM500 for 400,000 individuals aged 21 and above with single status and earning between RM2,000 and RM4,000.
  • RM3.2 million for Cost of Living Aid (BSH) payments in July.
  • RM200 one-off for students at institutions of higher education.
  • An allocation of RM25 million for the vulnerable groups, including the elderly and children in shelter homes, persons with disabilities, homeless and Orang Asal.
  • Six-month deferment of National Higher Education Fund Corporation (PTPTN) loan repayment starting April 1.
  • MySalam benefit to be extended to individuals in B40 group quarantined as patients under investigation (PUI).
  • Pre-retirement withdrawal of up to RM1,500 from Account B of Private Retirement Scheme
  • Extension of rental payment exemption for PPR Housing from one month to six months
  • Rental exemption for all federal government services for six months.
  • RM530 million to provide discounts of between 15 and 50 per cent based on electricity consumption with a maximum of 600 kilowatts per month.
  • Free Internet for all subscribers to the tune of RM600 million.
  • RM500 one-off cash aid for civil servants on Grade 56 and below and on contract.
  • RM500 one-off cash aid for over 850,000 pensioners.
  • RM1 billion for Food Security Fund.
  • RM100 million for the preparation of infrastructure facilities for food storage and distribution, as well as crop integration programmes.
  • RM100,000 and RM200,000 for each viable Area Farmers and Fishermen’s Organisations.
  • Wage Subsidy Programme - offering RM600 a month for every worker for three months.
  • RM500 one-off cash aid for 120,000 e-hailing drivers.
  • RM110 million for cleaning services and cooked food supply contractors.
  • Additional RM4.5 billion to help small and medium-sized enterprises.
  • EPF to introduce Employer Advisory Services.
  • Exemption of Human Resource Development Fund levy for all sectors for six months from April.
  • Deferment of payment of income tax instalments for three months from April for SME.
  • RM50 billion guarantee scheme aimed at financing working capital needs.
  • RM2 billion for contractors Class G1 to G4 to implement small-scale projects in Sabah and Sarawak
  • Government to pump RM25 billion in direct fiscal injection. 


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