Prime Minister Anwar Ibrahim is about to convene a meeting with district officers across Malaysia next week to deal with the urgent concern of hardcore poverty, significantly in rural areas. Deputy Finance Minister Ahmad Maslan revealed that the government has allotted US$750 million in the 2023 budget for this purpose, which shall be directed to the Ministry of Economy to implement three new programmes, together with job provision for specific groups.
During a question and answer session on the Dewan Rakyat, Ahmad additionally talked about that the federal government presents Rahmah Cash Aid (STR) of US$2,500 to households earning lower than US$2,500 and having 5 youngsters. An further US$1,500 would be offered in the event that they belong to the eKasih group (under the purview of the Implementation Coordination Unit, Prime Minister’s Department).
He emphasised the significance of providing training for these teams to assist them turn out to be self-reliant and cut back their dependency on financial help. “This group must be given coaching earlier than they will do business. If Closet cling to the available assist, for the way long? Will they be capable of get out of hardcore poverty? They need to be educated and turn into small-scale entrepreneurs,” he mentioned.
Ahmad added that the federal government is allocating US$900 million to train hawkers and petty traders via Bank Simpanan Nasional (BSN) and US$330 million from the National Entrepreneurial Group Economic Fund (Tekun)..