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Measures comprising 95% of RM260b Prihatin Package value implemented


KUALA LUMPUR (May 5): All 10 core initiatives in the Prihatin Rakyat Economic Stimulus Package (PRIHATIN) have been implemented, comprising 95% of the total package valued at RM260 billion, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.


He said this percentage included all government aid that had begun to be channeled to the recipients, including the Special Prihatin Grant (GKP) for micro enterprises announced in the Additional Prihatin SME package.


The government had allocated RM2.1 billion for GKP, which was opened for applications on May 1 and involved disbursing RM3,000 in grants to active micro small and medium enterprises registered with the Inland Revenue Board, Companies Commission of Malaysia and local authorities as at Dec 31, 2019, he said.


Read more at https://www.theedgemarkets.com/article/measures-comprising-95-rm260b-prihatin-package-value-implemented-%E2%80%94-tengku-zafrul

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