: As part of an effort to continuously support the recovery process, the Strategic Programme to Empower the People and Economy or Pemerkasa worth RM20 billion, along with a new fiscal injection by the government amounting to RM11 billion, was launched Wednesday.
To date, the government has announced five assistance packages, namely Prihatin worth RM250 billion, Prihatin SMEs , Penjana , Kita Prihatin , Permai . With the inclusion of Pemerkasa , the total value of the aid packages amounted to RM340 billion. “The government has agreed to increase the allocation for small-scale projects in 2021 to RM5 billion from RM2.5 billion. Among small projects that will be dedicated to class G1 to G4 contractors are repairs such as infrastructure and public facilities damaged due to floods.
The Prime Minister also announced initiatives to revitalise the tourism and retail sectors with various tax exemptions and deferment of income tax installment payments. The government will also allocate RM1.2 billion to 2.4 million recipients from the B40 group, who have lost their income, to obtain assistance such as a one-off assistance of RM500.
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