Full Guideline in one go for [Economic Stimulus Package 2020] or [Pakej Rangsangan ekonomi 2020],the 12 key issues & full explanation for Distribute assistance, various allowances, electricity discounts, free internet, and more!
In view of the deterioration of the Covid-19 epidemic, our Prime Minister Muyuddin today announced the implementation of a comprehensive [Economic Stimulus Package 2020] of up to RM250 billion in order to deal with the impact of the epidemic on various areas and ensure the benefit of the entire population of Malaysia.
1. Distribution of state AID Assistance
Household monthly income RM4000 or below: RM1600 assistance
Distribution in April: RM1000
Distribution in May: RM600
Household monthly income From RM4001 to RM8000: RM1000 assistance
Distribution in April: RM500
Distribution in May: RM500
Single: monthly income: From RM2000 or below: RM800 assistance
Distribution in April: RM500
Distribution in May: RM300
Single: monthly income: From RM2001 to RM4000: RM500 assistance
Distribution in April: RM250
Distribution in May: RM250
2. Special monthly allowances are given to frontline personnel
Medical staff includes doctors, nurses, and medical assistants. They work hard under high pressure and face severe challenges. To this end, the government will increase the monthly special allowance of RM400 per person to RM600.
Police officers, soldiers, members of the Volunteer Guard Corps and other law enforcement officers on the front line will also extend the monthly special allowance of RM200 per person from April 1 until the epidemic is over.
3. College & University students get RM200 assistance
The government will issue RM270 million to distribute aid to students in pre-university classes, community colleges, technical colleges, government universities and private universities.
4. Ride-hailing service drivers can receive RM500 assistance
The government will allocate a one-time ringgit of RM500 to 120,000 eRide-hailing service drivers across the country. Taxi drivers will receive a one-time assistance of RM600 from April 1.
5. Discount on electricity bills up to 50%
- 50% discount for power below 200kW
- 25% discount on power from 201 to 300kW
- 15% discount on power from 301 to 600kW
6. Employees get subsidy of RM600 per month for every employers salary
The government will allocate RM5.9 billion to launch a salary subsidy scheme; through this scheme, the government will pay employers RM600 per month for employers for three months.
7. FREE internet
The government has cooperated with several telco & ISP companies to provide severals of special packages.
One of the packages is to provide free internet services to all customers with a total value of up to RM600 million. The validity period is from April 1 until the end of the movement control order.
8. The balance of BSH assistance will be distributed in July
9. Civil servants at level 56 or below receive RM500 assistance
The government will provide a one-time assistance of RM500 for 1.5 million civil servants at level 56 or below in April.
10. 6 Months Rental Exemption for PPR and Public Housing
The exemption of rental for PPR and Public Housing for 6 months, and the government has to bear RM3 million.
11. Federal Government-owned premises are exempt from rent for up to six months
Rental exemption for all Federal Government-owned premises such as school cafeteria, nursery, cafeteria, convenience store and others for 6 months.
12. If B40 Group are isolated/Quarantin (PUI), they will get allowance of RM50 per dayMore information about Malaysia Economic Stimulus Package 2020: