PRIHATIN RAKYAT ECONOMIC STIMULUS PACKAGE
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
PRIHATIN RAKYAT ECONOMIC STIMULUS PACKAGE
2009
RM67b
8% of GDP
3 GOALS:
2020
Protecting Rakyat
RM250b1 Supporting Businesses
17% of GDP
Strengthening Economy
1. Including RM20b from PRE2020
2GOAL 1: Protecting Rakyat
Assistance to the
Bantuan Prihatin Nasional vulnerable groups
(RM10b) through NGO
Curb the COVID-19
outbreak (RM1.5b)
Household (RM25 mil)
RM4,000 and below (RM1,600)
>RM4,000-RM8,000 (RM1,000) Senior citizens and children
Purchase of medical equipment, in shelters, disabled, orang
Single Individuals 21 years old asal, homeless and others
special allowance to frontliners, RM2,000 below (RM800)
purchase of equipment and
>RM2,000-RM4,000 (RM500)
services from private hospitals
These assistance will benefit nearly
9 million households and individuals
Moratorium on loan
repayment for 6 months
Withdrawal from EPF (RM100b)
Assistance to students at
Account 2 (RM40b) HLIs (RM270 mil) Of which, 65% will
RM500/month up to RM6,000 benefit households
for 12 months One-off cash assistance worth (B40: 25%, M40: 20%)
RM200
3GOAL 1: Protecting Rakyat
Rental Exemption on TNB Discount 15%-50%
PPR and Perumahan (RM530 mil) Free internet & widen
Awam (RM8.7 mil) 50% for consumptionGOAL 1: Protecting Rakyat
Wage Subsidy Programme
Private Retirement Scheme
(RM6b)
Wage Subsidy of RM600 to employers Withdrawal from Account B PRS up to
for 3 months to retain their employees RM1,500 for each member without
with salary below RM4,000, benefiting tax penalty
3.3 million employees
Cash allowance to
e-Hailing drivers Food Security (RM1b)
One-off cash assistance of RM500 to
120,000 e-Hailing full-time drivers Establish Food Security Fund to ensure
Taxi drivers will also receive a one-off sufficient food supply
cash assistance of RM600 which was
announced in the first stimulus package
5GOAL 2: Support Businesses
Special Additional Assistance Increasing cashflow of Guarantee
Jaminan Scheme
Danajamin (RM50b)
for SMEs and Micro employers (RM10.4b) (RM50b)
Entreprenuers (RM4.5b)
Guarantee scheme up to 80% of
Additional fund in SRF (RM3b) Employer Advisory Services total loans with minimum amount
with interest rate reduced from including deferring, guaranteed at RM20 million
3.75% to 3.5% restructuring and rescheduling
employers’ contribution
Increase fund RM1b - Facility for (RM10b)
All Economic Sectors
Exemption of HRDF levy
Addtional fund of RM500 million
(RM440 million)
under the Micro Credit Scheme
through BSN at 2% interest rate Postponement of income tax 6 months Loan Moratorium
without collateral instalment payment for SMEs (RM100b)
for 3 months
Financing up to RM300,000 to
SMEs with businesses less than Of which, 35% will benefit the
4 years under CGC businesses
Increasing guarantee to 80% for TEKUN, MARA, Cooperatives
SMEs under SJPP and other Government agencies
will also provide similar loan
moratorium
6GOAL 3: Strengthening Economy
Implementation of
Small Projects (RM2b) Expedite Infrastructure
Projects
Additional allocation to
implement small projects for
contractor class G1-G4 Expedite infrastructure and
development projects
The Government also allocated including ECRL, MRT2 and
RM2b for the implementation of NFCP
small projects under the First
Stimulus Package
7MAKCIK KIAH’S ANALOGY (B40)
Bantuan Prihatin Nasional RM1,600
Makcik
Balance of BSH payment RM 600
Postponement of Micro Loan RM 600 Kiah’s Son
Savings from PPR Rental (6 months) RM 744
Savings from Electric Bill RM 120
RM3,664
Makcik Kiah’s
Husband
Bantuan Prihatin Nasional-Single RM 800
Assistance to e-Hailing
Full Time Driver RM 500
Postponement of PTPTN Repayment RM1,200
RM2,500
Retiree’s Assistance RM 500
RELA Assistance RM 200
Postponement of Car Loan RM1,800
RM2,500
Total PRIHATIN
Makcik Kiah Assistance RM4,200
Savings RM4,464
RM8,664
8STIMULUS PACKAGE FOR ALL
B40 M40 SMEs
Fiscal Injection
RM30b
RM22b
RM66b RM54b
EPF Account 2 RM25b EPF Account 2 RM10b Loan Moratorium RM35b
BPN RM8.8b BPN RM1.2b EPF & HRDF RM10.4b
Wage Subsidy RM6b Loan Moratorium RM18b SMEs Fund RM4.5b
Guarantee Loan Moratorium RM25b Civil Servants RM0.45b Others RM3.5b
RM55b
Civil Servants RM0.75b Electricity Bill RM0.2b Postponement of income tax
Electricity Bill RM0.1b
e-Hailing RM0.06b
Others
Economic
RM153b Others
Activities
RM53b RM27b
Total Prihatin
RM230b
Small projects RM2b EPF Account 2 (T20) RM5b
Danajamin RM50b Loan Moratorium (T20) RM22b
Food Security Fund RM1b Electricity Bill (T20) RM0.2b
9MAIN HIGHLIGHTS
BANTUAN PRIHATIN NASIONAL CURB COVID-19
(RM10 bilion) (RM1.5 billion)
WAGE SUBSIDY PROGRAMME WITHDRAWAL FROM EPF
(RM6 billion) ACCOUNT 2 (RM40 billion)
ADDITIONAL FUND FOR SMEs DANAJAMIN CORPORATE
(RM4.5 billion) GUARANTEE SCHEME (RM50 bil)
LOAN MORATORIUM SMALL PROJECTS
(RM100 billion) (RM2 billion)
ASSISTANCE TO STUDENTS AT ELECTRICITY BILL DISCOUNT
HLIs (RM0.3 billion) (RM0.5 billion)
10No one is left behind
HOTLINE:
Tel: 03 8882 9089/9087/9191
Email: pre2020@treasury.gov.myYou can also read
