Page 132 - Malaysia Baharu 2018
P. 132
STRATEGY 4:
Ensuring The Rakyat’s Welfare And Quality Of Life
The Government will continue the B40 households via the ‘Bantuan Sara
Hidup’ (BSH) cash grants (RM5 billion).
~ The program will be better targeted to those in need and enhanced to take into
account the size of the family.
~ Under BSH, 4.1 million households will continue to receive this financial
assistance.
6 | MALAYSIAN ECONOMY Monthly income Living Aid
RM3,001 to RM4,000 RM500
Every child 18 years old and below or is disabled (no
age limit) it is up to a maximum of four dependents
RM120
Government has introduced the Employees Provident Fund (EPF) i-Suri
contribution scheme (RM45 million).
~ For housewives under the e-Kasih programme.
~ For the e-Kasih beneficiaries whose husbands contribute at least RM5 monthly into
their wives’ retirement savings, the Government will contribute RM40 a month.
Provide a targeted fuel subsidy to individual car owners with engine capacity
of 1,500cc and below or motorcycle owners of 125cc and below (RM2 billion).
~ Owners with multiple cars will not receive this benefit.
~ Each car and motorcycle owner will enjoy up to 100 litres and 40 litres respectively
of RON95 petrol per month with a subsidy of at least 30 sen.
~ As many as 4 million car owners and 2.6 million motorcycle owners will benefit
from this targeted subsidy.
130
Ensuring The Rakyat’s Welfare And Quality Of Life
The Government will continue the B40 households via the ‘Bantuan Sara
Hidup’ (BSH) cash grants (RM5 billion).
~ The program will be better targeted to those in need and enhanced to take into
account the size of the family.
~ Under BSH, 4.1 million households will continue to receive this financial
assistance.
6 | MALAYSIAN ECONOMY Monthly income Living Aid
RM3,001 to RM4,000 RM500
Every child 18 years old and below or is disabled (no
age limit) it is up to a maximum of four dependents
RM120
Government has introduced the Employees Provident Fund (EPF) i-Suri
contribution scheme (RM45 million).
~ For housewives under the e-Kasih programme.
~ For the e-Kasih beneficiaries whose husbands contribute at least RM5 monthly into
their wives’ retirement savings, the Government will contribute RM40 a month.
Provide a targeted fuel subsidy to individual car owners with engine capacity
of 1,500cc and below or motorcycle owners of 125cc and below (RM2 billion).
~ Owners with multiple cars will not receive this benefit.
~ Each car and motorcycle owner will enjoy up to 100 litres and 40 litres respectively
of RON95 petrol per month with a subsidy of at least 30 sen.
~ As many as 4 million car owners and 2.6 million motorcycle owners will benefit
from this targeted subsidy.
130
