Wage subsidy scheme to help sustain businesses



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KUALA LUMPUR: The Salary Subsidy Program (PSU) aims to help employers affected by the Covid-19 pandemic to sustain businesses and reduce layoffs, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz (pix) he told Dewan Rakyat today.

He said that more than 2.6 million employees and 322,000 employers will benefit from PSU 2.0 following a government allocation of RM11.9 billion announced last month.

“In total, almost RM 18 billion has been allocated for programs under PSU and PSU 2.0,” he said in response to a question from Datuk Ahmad Nazlan Idris (BN-Jerantut), who had asked about the movement control order plans. after the recovery of the Ministry of Finance. .

Tengku Zafrul said the total value of the four economic stimulus and recovery packages presented by the government was RM305 billion.

He said that in the Budget presented last Friday, government spending was RM322.5 billion, the largest in the country’s history.

He said the government had allocated RM11.9 billion in the form of one-time assistance.

It said it will benefit more than 16.3 million beneficiaries by providing temporary relief, such as one-time cash assistance under the Bantuan Prihatin Nasional, and an additional one-time payment of RM100 under the Bantuan Sara Hidup.



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