Thesundaily, Fuelsubsidy

Thesundaily, Fuelsubsidy

45,000 BSH recipients eligible for PSP do not have bank accounts

45,000 BSH recipients eligible for PSP do not have bank accounts #thesundaily #fuelsubsidy

22.10.2019

45,000 BSH recipients eligible for PSP do not have bank accounts thesundaily fuelsubsidy

KUALA LUMPUR: About 45,000 of 2.9 million recipients of the Bantuan Sara Hidup (BSH) who are eligible for fuel subsidy under the Petrol Subsidy Progra...

To this end, Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail (pix) said his ministry would hold discussions with local banks to assist the recipients in opening accounts.

Saifuddin Nasution said the bank’s cooperation would facilitate disbursement of the aid, which would be credited into the recipients’ accounts every four months. The first payment for January to April would be disbursed in April 2020.

As for the second category, recipients (M40) are eligible for Kad95 which entitles them to a subsidy of 30 sen per litre with a 100 litres per month limit, and 40 litres for motorcycles.

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