NEWS

Budget 2021: Higher welfare aid for OKU, senior citizens, poor children



KUALA LUMPUR, Nov 6 -- More than 400,000 recipients are set to benefit from the increased monthly welfare assistance for people in the vulnerable group following an additional allotment of RM700 million, taking the total allocation to RM2.2 billion.

Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said the allowance for non-working people with disabilities (OKU) would be increased from RM250 to RM300 a month.

"Assistance for senior citizens as well as OKU and chronic patients will be raised from RM350 to RM500,” he said during the tabling of Budget 2021 at the Dewan Rakyat today.

He said the allowance for OKU workers would also be increased from RM400 to RM450.

He added that the assistance for children from poor families would be increased from RM100 to RM150 per child between the age of seven and 18 years with a maximum of RM450 per family or RM200 for a child aged six and below per family with a maximum of RM1,000 per family.

Tengku Zafrul hoped the increased rate of assistance would help in terms of child care and nutrition.

"For example, if Puan Safiah has three children, with two of them aged six and below, and her OKU-husband is working, her family will get an assistance of RM1,000 a month,” he explained.

-- BERNAMA

 

 

 


 





OTHER NEWS

Budget 2022: Impact on fixed income market almost negligible, says Manulife

KUALA LUMPUR, Nov 12 -- The impact from Budget 2022 on the fixed income market is almost negligible, given that there were no major surprises in terms of the country’s debt financing requirement and fiscal position, said Manulife Investment Management (Manulife).


Govt needs to look for other ways to increase revenue beyond Budget 2022 taxes - Expert

KUALA LUMPUR, Nov 11 -- Budget 2022 tax initiatives may not contribute significantly to government revenue and there is a need to look for other ways to increase it for the sustainable economic growth of the country, according to a tax expert.


Budget 2021 formulated based on valid data - MoF

KUALA LUMPUR, Dec 16 -- Budget 2021 was formulated based on reports presented by relevant bodies whose data could be determined to be valid, the Ministry of Finance (MoF) said.


HIGHLIGHTS


EXCLUSIVE


ECONOMIC REPORT

Budget 2021: MoT to provide incentives to lighten people’s burden - Wee 

KUALA LUMPUR, Nov 19 -- The Ministry of Transport which receives RM6.05 billion allocation under Budget 2021, will be providing various incentives to benefit the people.


2021 Budget : MAFI, private sector must co-operate to optimise Budget 2021

KUALA LUMPUR, Nov 16  -- The Ministry of Agriculture and Food Industries (MAFI) and the private sector must escalate co-operation to optimise the allocation in the 2021 Budget to MAFI so that ...

Budget 2021 described as inclusive for all in tourism sector

KUALA LUMPUR, Nov 9 -- The inclusive Budget 2021 touching on the involvement of various parties contributing to the economic chain related to the tourism sector is seen capable of revital...



BNC LIVE


BUDGET SPEECH



© 2024 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy | Security Policy This material may not be published, broadcast,
rewritten or redistributed in any form except with the prior written permission of BERNAMA.

Best viewed in Firefox 58.0.1 (64-bit) & Chrome Version 63.0.3239.132 (Official Build) (64-bit) with 1920 x 1080 resolution