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RM100 e-wallet assistance to be delivered in Dec, says Steven Sim | Scoop
On July 27, Prime Minister Datuk Seri Anwar Ibrahim announced the provision of RM100 e-wallet assistance to all Malaysians aged 21 and above in the B40 and M40 groups with incomes below RM100,000 annually. – Abdul Razak Latif/Scoop pic, October 19, 2023
News

RM100 e-wallet assistance to be delivered in Dec, says Steven Sim

Deputy finance minister assures that the promised aid will reach eligible recipients

Bernama
Updated
1:22 PM MYT

 

KUALA LUMPUR – The government will fulfil its promise to provide RM100 e-wallet assistance to eligible recipients in December, Deputy Minister of Finance II Steven Sim said.

“So, (the recipients) will receive it. We ask the public to be patient because the government will fulfil its promise,” he said today.

He said the impact of the initiative is not limited to the recipients’ households but also extends to the local market, especially small traders and hawkers.

Prime Minister Datuk Seri Anwar Ibrahim announced the RM100 e-wallet assistance, which will be credited to all Malaysians aged 21 and above, at the launch of the Madani Economy: Empowering the People initiative on July 27.

The RM100 e-wallet assistance is the latest government initiative for the B40 and M40 groups with incomes below RM100,000 annually.

Meanwhile, during the Apa Khabar Malaysia talk show broadcast on Bernama TV, Sim said the Sumbangan Asas Rahmah (Sara) 2024 that was announced in Budget 2024 would benefit 700,000 Rahmah Cash Assistance (RCA) recipients.

He said eligible recipients would receive a monthly contribution of RM100 for a period of 12 months.

“For example, we leave chicken and meat prices to the market, meaning everyone has to buy at market prices, but for those in need, we have many initiatives, including the RCA, which has increased from RM8 billion to RM10 billion, and the Sara programme.

“We provide RM100 monthly for a year to families that are under the RCA. This is on top of the RCA itself. We provide direct cash assistance to our target groups, so they can use the money to buy necessities. This is what we call direct cash transfer,” he said.

In response to concerns that the assistance might not be used for necessities, Sim said the government needs to have confidence in those who are less fortunate.

“Don’t assume that the less fortunate will spend the money on cigarettes. I’m not saying that it doesn’t happen, but there needs to be flexibility.

“Sometimes, if we set strict regulations, it causes difficulties for recipients because some of them have other needs and interests,” he said. – October 19, 2023

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