Government Has Channelled RM20.942 Billion Through Wage Subsidy Programme; Tengku Zafrul

Finance Minister, Tengku Zafrul Abdul Aziz.

The government has channeled RM20.941 billion to 357,948 employers through the Wage Subsidy Programme (WSP) as of Aug 5 to maintain the employment of 2.96 million local workers.

Finance Minister Datuk Seri Zafrul Abdul Aziz said under WSP 1.0, a total of 322,177 employers and 2.64 million workers have received WSP benefits as of Aug 5 under the Prihatin Rakyat Economic Stimulus package (PRIHATIN) and the National Economic Recovery Plan (PENJANA).

“Approved wage subsidy applications have already reached RM12.95 billion,” he said in the 108th Laporan Kewangan Rakyat issued today.

As for WSP 2.0, a total of RM1.408 billion had been channelled to 81,165 employers to continue operating and maintain the employment of 719,294 workers, according to Bernama.

Over the same period, a total of RM3.776 billion was channelled to 162,319 employers to maintain the employment of 1.53 million workers under WSP 3.0.

Additionally, under WSP 4.0 164,004 employers received RM2.579 billion to retain 1.92 million workers as of Aug 5.

The minister added that RM219.65 million was channelled to 8,018 employers to maintain the employment of 123,759 workers under WSP 5.0 during the period.

Meanwhile, as of Aug 12, RM21.902 million worth of cash vouchers had been distributed to 6,799 final-year students and graduates under the Ministry of Higher Education’s KPT-PACE programme.

Zafrul said a total of 40,095 personnel had successfully been placed in the public sector and government-linked companies (GLCs) through the Malaysia Short-term Employment (MySTEP) initiative programme as of Aug 12, 2022.

Previous articleLooking For Versatility & Choice in Your Workstations? Time To Embrace LenovoPRO – More So With Exclusive Member Benefits, Attractive Pricing & Discount Offers!
Next articleInnovative Tech To Unburden Contact Center Employees In Malaysia

LEAVE A REPLY

Please enter your comment!
Please enter your name here