fbpx
Connect with us

News

Budget 2025: Financial Aid for Underprivileged M’sians Increased to Highest Amount Ever

Published

My Post 1 2024 10 18T182420.588
Source: PARLIMEN MALAYSIA | YouTube & SCMP

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

According to Prime Minister Dato Seri Anwar Ibrahim during the presentation of Budget 2025 in Parliament today (October 18), the government has taken measures to improve the management and straighten imbalances in providing more meaningful to the people.

Due to this, Budget 2025’s Sumbangan Tunai Rahmah (STR) and Sunbangan Asas Rahmah (SARA) are seeing the highest increase with a RM13 billion allocation as compared to the RM10 billion allocation for 2024.

Budget 2025 1 1

This includes:

  • 4.1 million STR recipients’ households will receive RM100 a month through SARA, to be credited into recipients’ MyKAD starting April 2025 which can be spent on basic goods such as food, medicines, school supplies and more, in more than 600 supermarkets and retail stores nationwide.
  • Single Malaysians will receive RM600 through STR.
  • Assistance to the elderly will increase to RM600 per month, as compared to the current RM500 per month.
  • Child Assistance Rate for Poor Families will increase to RM250 per child for children aged 6 years old and below, as compared to the previous RM200.
  • Child Assistance Rate for Poor Families will increase to RM200 per child for children aged 7 to 18 years old, as compared to the previous RM150. This comes with a maximum rate of RM1,000 per family.
  • Underprivileged families with 3 children are eligible to enjoy assistance of more than RM13,000 a year, as compared to the current RM11,000.
  • Underprivileged senior citizens are eligible for assistance of more than RM10,000 a year, as compared to the current RM8,000.

“This means that no citizen earns less than RM1,100 a month and this does not take into account assistance from the state government, (department of) Zakat and foundations,” he said.

 

You can check out his presentation on Budget 2025 here. Do stay tuned for more updates.

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

My Post 1 2024 10 18T144916.749 My Post 1 2024 10 18T144916.749
News12 hours ago

Customer Points Object Resembling a Gun at Man Who Calls Him Out For Smoking in Puchong Food Court 

The Royal Malaysia Police (PDRM) has arrested 3 individuals suspected of being involved in an incident where a rampaging man...

My Post 1 2024 10 18T182420.588 My Post 1 2024 10 18T182420.588
News12 hours ago

Budget 2025: Financial Aid for Underprivileged M’sians Increased to Highest Amount Ever

According to Prime Minister Dato Seri Anwar Ibrahim during the presentation of Budget 2025 in Parliament today (October 18), the...

Collage 94 Collage 94
News12 hours ago

Budget 2025: RM20 Mil Allocated to UiTM to Produce More Engineers, RM635 Mil to Improve Universities’ Infrastructure

UiTM has been allocated an additional RM20 million to produce more Electrical and Electronics (E&E) engineers. During the tabling of...

Collage 93 Collage 93
News12 hours ago

Budget 2025: Govt to Boost “War on Sugar” with 40-Cent Hike on Sugary Drinks Starting January 1st

Prime Minister Dato’ Seri Anwar Ibrahim has tabled the Budget 2025 in the Parliament today (October 18). Anwar revealed how...

Collage 91 Collage 91
News13 hours ago

Budget 2025: Govt Urges M’sians to Transition to EVs, Perodua Plans to Release EVs Under RM100k

Prime Minister Dato’ Seri Anwar Ibrahim has tabled the Budget 2025 in the Parliament today (October 18). The government has...

Collage 92 Collage 92
News13 hours ago

Budget 2025: RM1.5k Minimum Wage to be Increased to RM1.7k, Effective February 2025

The minimum wage of RM1,500 will soon be history.  During the tabling of Budget 2025 today (October 18), PMX said...

My Post 1 2024 10 18T173630.256 My Post 1 2024 10 18T173630.256
News13 hours ago

Budget 2025: RM40 Billion Will be Provided as Business Loan Facilities & Guarantees to Help Small Businesses

In today’s Budget 2025 presentation (October 18) by Prime Minister Dato Seri Anwar Ibrahim in Parliament, he announced that RM40...

Collage 90 Collage 90
News13 hours ago

Budget 2025: RM550 Mil Allocated to Promote Tourism Activities, RM600 Mil to Preserve KL City

Thorough preparations are being made in anticipation of Visit Malaysia Year 2026. During the tabling of Budget 2025 today (October...

Announcement

Latest Videos



TRENDING TODAY