KUALA LUMPUR – Almost two million new applications and appeals for the Bantuan Prihatin Nasional (BPN) cash aid amounting to RM1.5 billion have been approved by the government.
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said, the approval requires at least RM1 billion of additional budget compared to its previous RM10 billion.
According to him, the payment for the new applications and appeals will be made in mid May.
“For the first phase of BPN, a total of RM5.5 billion have been paid to 7.78 million recipients. That was an increment from the 7.74 recipients amounting to RM5.47 billion last week and it also involved those without banking accounts who cashed their BPN at Bank Simpanan Nasional.
“Besides that, the second phase of BPN amounting to RM3.7 billion will be made in stages to 8.3 million of B40 and M40 recipients approved before this beginning 4 May,” he said while announcing the report on the implementation of the Prihatin Economic Stimulus Package today.
Tengku Zafrul said, the Employees Provident Fund (EPF) had approved more than 3.5 million of application for the i-Lestari programme as of 3 May involving a total payment of RM1.66 billion.
The payment will be credited to the bank accounts of its members beginning yesterday until 18 May.
He said, as of last month, the EPF had implemented the reduction of contribution from the employees from the previous 11% to the current 7% amounting to RM977 million monthly.
“We hope that the amount can help with the cash-flow of EPF members who needed them,” he said.
Besides that, the EPF will resume its services in certain branches beginning tomorrow to facilitate the transactions of its members.
Appointments can be made through their website, www.kwsp.gov.my beginning today.
Meanwhile, the one-off RM200 payment for all students at the Higher Learning Institutions had started last week. 1 million students had benefited from the initiative. -MalaysiaGazette