As promised, I will announce the PRIHATIN Rakyat Economic Stimulus Package worth RM250 billion which will benefit everyone. The package, valued at RM250 billion, will benefit all Malaysians and provides much needed relief to not only the B40, but also those in the lower middle income group. Purpose: Supporting business by mitigating the impact of COVID-19: 3. Initiative Package (Kita Prihatin) in line with its effort to boost economic recovery. On 27th March, our PM announces RM 250 billion worth of stimulus package aptly named “Pakej Ransangan Ekonomi Prihatin Rakyat (Prihatin)“.Three main objectives of the package are to safeguard the people’s welfare, supporting businesses including SMEs and strengthen the national economy. economic stimulus package known as Prihatin Rakyat Economic Stimulus Package or PRIHATIN valued at a whopping RM250 billion in total, representing 17% of our Gross Domestic Product (GDP). This brings total to RM250b BPN 2.0 was announced under last year’s PRIHATIN stimulus package, with the first phase already paid out in October 2020 and the final phase slated for January 2021. It aims at helping the Rakyat and businesses pull through these unprecedented challenging times. Appendix I: ‘Prihatin Tambahan’ stimulus package summary Wage subsidy programme Increased to RM13.8bn from RM5.9bn (RM7.9bn) 200 workers All companies with local workers earning RM4,000 and below will receive wage subsidy as follows: o Companies >200 employees, subsidy RM600 per employee maintained. PRIHATIN SME Economic Stimulus Package (PRIHATIN SME+) announced on 6 April 2020 . Of this, almost RM128 billion will be channelled to preserve rakyat’s welfare, RM100 billion to support businesses, including SMEs … Summary. RM128 billion for the people’s welfare. Tengku Zafrul said the money for Prihatin comes from a mixture of reallocation of budgets from … Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the economic stimulus packages announced by the government -- PRIHATIN, PRIHATIN SME+, PENJANA and KITA PRIHATIN, worth a … PUTRAJAYA: Prime Minister Tan Sri Muhyiddin Yassin today announced RM250 billion Prihatin Rakyat Economic Stimulus Package or PRIHATIN that will bring benefit to the people and all quarters affected by the Covid-19 crisis in the country. The scheme is also extended to TEKUN Nasional with a maximum loan amount … Prihatin Economic Stimulus Package and this Additional Prihatin SME package are implemented quickly and smoothly, a taskforce has been established at the Ministry of Finance to oversee the deployment and progress of the initiatives. KUALA LUMPUR, July 13 — Opposition Leader Datuk Seri Anwar Ibrahim and Sabah chief minister Datuk Seri Shafie Apdal today questioned Prime Minister Tan Sri Muhyiddin Yassin for blocking a debate on the Covid-19 Prihatin stimulus package, citing … RM100 billion to support businesses, including Small and Medium Enterprises (SMEs) RM20 billion has been announced in the earlier stimulus package Healthcare Aid. THE following is the full televised speech text by Prime Minister Tan Sri Muhyiddin Yassin on the Additional Prihatin SME Economic Stimulus Package. PRIHATIN Economic Stimulus Package (ESP) announced on 27 March 2020 . More Wage Subsidies. 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