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8.4 mil to receive Rahmah cash aid in Phase 2, starting Wednesday: MoF | Scoop

8.4 mil to receive Rahmah cash aid in Phase 2, starting Wednesday: MoF

Disbursement will involve payments ranging from RM100 to RM650 to those eligible

3:34 PM MYT

 

PUTRAJAYA – Phase 2 payments of the Rahmah cash aid to 8.4 million recipients will begin on Wednesday (April 3). 

It will involve payments ranging from RM100 to RM650. 

In a statement today, the Finance Ministry (MoF) said existing and new recipients registered in the database will receive payment through their bank accounts or in cash at Bank Simpanan Nasional branches in stages – based on their eligible categories. 

It also said that starting this year, the government has adopted a new approach. The Rahmah cash aid registration is open throughout the year to allow more people to benefit from it.

“Therefore, the number of eligible recipients is expected to increase this year, taking into account the ongoing new applications and information updates compared to once a year previously,” it said. 

If applicants’ names are not available on the database, they need to apply to complete a verification process based on the eligible category. 

The statement also said that the government had increased the allocation for the targeted subsidy programme under Rahmah cash aid Phase 2 by 20%.

This amounts to RM1.5 billion compared to RM1.26 billion last year, aimed at assisting low and middle-income earners in coping with the rising cost of living. 

Prime Minister Datuk Seri Anwar Ibrahim, in the same statement, said that the economic reforms led by the Madani government were not only aimed at rectifying the nation’s financial structure but were also driven by a sincere intention to ensure that the country’s wealth is shared more equitably with the people. 

“Insya-Allah, the government will further increase cash assistance to the people in line with the improvement of the country’s fiscal situation, including the implementation of targeted subsidies for those truly in need,” said Anwar, who is also finance minister. 

The public can check their eligibility status for Rahmah cash aid and the frequently asked question sections on the official programme portal at https://bantuantunai.hasil.gov.my

MoF also advised recipients to be wary of unverified links from irresponsible parties when looking for information on the cash aid programme. – April 1, 2024

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