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Better life for B40: RM1 bil allocated to address living costs | Scoop
Alif Omar/Scoop file pic, October 18, 2024
News

Better life for B40: RM1 bil allocated to address living costs

Payung Rahmah funding will be increased from RM100 mil to RM300 mil, RM700 mil for programmes including to control pricing of goods

Main Author Image
Qistina Nadia Dzulqarnain
Updated
7:21 PM MYT

 

KUALA LUMPUR – Putrajaya has allocated RM1 billion under Budget 2025 for efforts aimed at addressing the rakyat’s cost of living, including the Payung Rahmah initiative. 

In tabling Budget 2025 today, Prime Minister Datuk Seri Anwar Ibrahim (Tambun-PH) said that the Payung Rahmah programme’s allocation will be increased from RM100 million to RM300 million.  

The increased funding will be utilised for events where essential goods at reasonable prices will be offered at every state constituency, even those with opposition state assemblymen, said Anwar, who is also the finance minister.  

Another RM700 million has been set aside to increase the number of channels for cost-of-living programmes, including those aimed at controlling the price of goods.  

This will see the government engaging in joint ventures with the private sector, including supermarket and wholesale store operators.  

Separately, RM250 million has been allocated for efforts to distribute essential items to rural and urban areas as well as expanding such initiatives to other locations such as Magandai in Kota Marudu and Nanga Pelawan in Bintulu. – October 18, 2024 

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