KUALA LUMPUR: The financial assistance under the National People's Well-Being and Economic Recovery Package (PEMULIH), which will end on Dec 31, 2021, has helped Malaysian citizens protect their livelihoods during the COVID-19 pandemic.
In late-June this year, the government launched the PEMULIH package worth RM150 billion, which included financial assistance to support businesses, individuals, families and increasing the vaccination rate in the country.
Under the PEMULIH package, the Special COVID Aid or Bantuan Khas COVID-19 (BKC) worth a total of RM4.6 billion, will help senior citizens, single people and 11 million households.
Manager of business development of Putra Business School (PBS), Assoc-Prof Ahmed Razman Abdul Latiff said even though the PEMULIH package will end by this month, the effort to provide comprehensive assistance to the people will continue next year through initiatives announced under Budget 2022.
For example, he said Bantuan Keluarga Malaysia will replace Bantuan Prihatin Rakyat with a bigger allocation and covering more recipients.
The positive impact from PEMULIH package can be seen this year through the gradual improvement on the national's gross domestic product (GDP) and lower unemployment rate among others.
"Budget 2022 initiatives will ensure that the recovery process will continue next year and those affected individuals and groups will continue to receive assistance via various measures announced in the budget," he told Bernama.
Meanwhile, Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said Bank Negara Malaysia has announced the Financial Management and Resilience Programme (URUS) in October this year whereby the programme will help the B50 household borrowers or customers to alleviate the financing difficulties due to the COVID-19 pandemic.
He said URUS is a more personalised programme, which involves interest or profit waiver for three months, deferred payments or reducing the installments alongside with advisory services that aims to build financial assistance.
This programme will be spearheaded by the Credit Counselling and Debt Management Agency (AKPK) with the collaboration of the banking institution in Malaysia.
In that sense, Afzanizam said the assistance is an ongoing affair and will be targeted.
Will it help the economy? Certainly.
"The programme will help borrowers or customers by providing some breathing space and to regain financial resilience as the economy gradually recovers.
"What matters now is that the affected borrowers or customers would need to engage with their respective financiers in order to craft a more personalised financial assistance that suits the uniqueness of everyone's financial predicament," he said.
Applications for URUS run from Nov 15 to Jan 31, 2022.
SME Association of Malaysia, on the other hand, said the financial assistance under PEMULIH package must continue as the Malaysian economy has not yet recovered while Health Minister Khairy Jamaluddin noted that it is impossible to have another lockdown.
"It means that we will face more problems. The government has anticipated that we have not recovered so soon, hence we need the assistance to boost our economy," said its national secretary general Chin Chee Seong.
"At the same time, the government is considering opening the country's borders safely by allowing fully vaccinated foreign travellers to enter Malaysia and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) would be implemented soon, posing new challenges to small businesses and local manufacturing.
"In short, we need all the funds and assistance extended and with all the issues we face right now... so that we can recover soon," Chin added.
-- BERNAMA
Bernama
Sun Dec 12 2021
The positive impact from PEMULIH package can be seen this year through the gradual improvement on the national's gross domestic product (GDP) and lower unemployment rate among others. - REUTERS
Minggu Perpaduan 2024: Hayati prinsip faham, hormat & terima dalam memupuk keharmonian
Setiap daripada kita bertanggungjawab dan berperanan dalam menjaga keharmonian, kedaulatan, keamanan dan keselamatan negara yang dicintai.
AWANI 7:45 [25/05/2024] - Pemulihan luar biasa | Lebih 1,000 rumah tertimbus | Dua tahun yang kritikal
- Selepas 20 hari, Faisal halim keluar hospital, suspek masih diburu
- Lindungi hak pekerja gig, RUU Suruhanjaya Pekerja Gig dibentang Julai
- Chatbot perangi berita palsu disebar di Whatsapp dilancar seminggu lagi
- Kerajaan jangan alpa, segera tunai janji reformasi institusi, gesa Bersih
- Lindungi hak pekerja gig, RUU Suruhanjaya Pekerja Gig dibentang Julai
- Chatbot perangi berita palsu disebar di Whatsapp dilancar seminggu lagi
- Kerajaan jangan alpa, segera tunai janji reformasi institusi, gesa Bersih
AWANI Ringkas: Jenayah | Seleweng diesel
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
AWANI Ringkas: Perangi berita palsu | Hari Belia Negara 2024
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Empat lokasi sekitar ibu negara terjejas akibat pokok tumbang
Pusat Gerakan Operasi (PGO) Kuala Lumpur dalam kenyataan memaklumkan panggilan kecemasan itu bermula dari 6.20 petang hingga 7 malam.
Lelaki hilang ketika keluar pasang pukat ditemukan lemas
Mayat Nicholas Daniel, 38, ditemukan di kawasan tujuh kilometer dari perahunya yang dijumpai pada hari dia dilaporkan hilang.
Polis rujuk kertas siasatan video tular anak didenda guru ke pejabat TPR
Kes itu disiasat mengikut Seksyen 31 (1) Akta Kanak-Kanak 2001 merujuk kepada penganiayaan, pengabaian, pembuangan atau penderaan kanak-kanak.
Malaysia negara pertama peroleh permit operasi 20 ambulans
Lembaga Tabung Haji (TH) melalui Pusat Rawatan Mekah dan Madinah sekali lagi melakar kejayaan apabila berjaya memperoleh Tasreh atau permit untuk pengoperasian 20 ambulans dimilikinya.
Perasmian Sambutan Minggu Perpaduan 2024 peringkat kebangsaan
Perdana Menteri, Datuk Seri Anwar Ibrahim merasmikan sambutan Minggu Perpaduan 2024 peringkat kebangsaan.
Malaysia4Palestine bukti Malaysia konsisten sokong rakyat Palestin
Penyediaan saluran sementara Malaysia4Palestine yang bersiaran selama 24 jam, menunjukkan pendirian Malaysia yang konsisten serta jelas dalam memberi sokongan kepada rakyat Palestin yang ditindas oleh Israel, kata Menteri Komunikasi, Fahmi Fadzil.
Pemulih SiberKASA jadi agenda lahirkan 20,000 bakat keselamatan siber menjelang 2024
Pemulih SiberKASA: Program Latihan Kemahiran Keselamatan Siber menjadi antara pengerak agenda untuk melahirkan 20,000 bakat dalam bidang keselamatan siber menjelang 2024.
Pelan Intervensi Pemulihan Ekonomi Koperasi bantu koperasi sepanjang PKP - Noh Omar
Pelan Intervensi Pemulihan Ekonomi Koperasi berjumlah RM20 juta membantu koperasi yang terjejas sepanjang tempoh Perintah Kawalan Pergerakan (PKP) 3.0.
GKP 4.0: Bemanfaat untuk jangka masa lebih panjang, PKS boleh luaskan pasaran digital
Gunakan RM1000 itu, meskipun tidak banyak tapi sekurang-kurangnya gunakan ia untuk yang penting, jelas Azharee.
PM harap pemberian BKC bermula esok ringankan beban rakyat
Perdana Menteri Datuk Seri Ismail Sabri Yaakob berharap pengkreditan Bantuan Khas COVID-19 (BKC) bagi Fasa Satu bermula esok sedikit sebanyak mampu meringankan beban rakyat yang terkesan akibat COVID-
CBP lulus 47,413 permohonan moratorium PEMULIH
CBP meluluskan lebih 47,000 permohonan moratorium Pakej Perlindungan Rakyat dan Pemulihan Ekonomi (PEMULIH) sehingga pertengahan Julai lalu, dengan nilai keseluruhan melebihi RM3.2 bilion.
Buntu fikir jaga dua anak sakit selepas suami hilang pendapatan
Bagi Noor Suraya Saidin, 36, dan suaminya, Mohd Idzwan Jamari, 39, keadaan tidak mudah lebih-lebih lagi dua daripada empat anak mereka mempunyai penyakit serius.
Bantuan bakul makan kepada penduduk Pulau Perhentian tidak pernah putus
Sejak pandemik COVID-19 melanda lebih setahun lalu, bekalan bantuan makanan yang diterima mereka tidak pernah putus.
Tiga fasa pengagihan bakul makanan diberi kepada penduduk Pulau Redang
Lebih RM50,000 telah dibelanjakan bagi membantu masyarakat Pulau Redang yang mempuyai kira-kira 2,000 penduduk.
Bantuan bakul makanan ringankan beban hidup tiga beranak
Penduduk di daerah Kuala Pilah yang terjejas pendapatan dialu-alukan datang ke pejabat Pusat Khidmat Rakyat Kuala Pilah.
Kerajaan perlu berhati-hati guna ruang fiskal yang ada - Pakar ekonomi
Sehingga akhir Jun tahun ini, paras hutang statutori mencecah 56.8 peratus, namun ia masih di bawah had statutori 60 peratus KDNK yang dibenarkan.