This celebration of Hari Raya Aidiladha (or Raya Haji) will be merrier as 4.1 million Malaysians will receive a total of RM1.6 billion under the new Bantuan Sara Hidup (BSH), formerly 1Malaysia People’s Aid (BR1M).
Finance Minister Lim Guan Eng reaffirmed that the government would uphold Pakatan Harapan’s manifesto to assisting rakyat’s cost of living despite the billion-ringgit payout would have a sizeable financial implication to the federal government RM1 trillion debt due to 1MDB scandal and other mismanagement, The Star reported.
“Even though the Goods and Services Tax (GST) has been abolished, the Federal government is still not bankrupt as claimed by the previous government, in fact, it can still continue to provide the BSH without the need for the tax revenue.
“In addition, petrol subsidies of RM3 billion have been prepared till the end of the year to stabilise the price of RON95 and diesel at RM2.20 and RM2.18 per litre, respectively. This is despite world oil prices having gone up 42 per cent to US$74 a barrel compared to the US$52 per barrel previously,” Lim said.
BSH payment would be preserved to help rakyat prepare for the upcoming festival of sacrifice, happening this August 22. The payment will roll out starting August 15.
“The Government hopes that this BSH will help the people to buy essential items and prepare to celebrate Hari Raya Aidiladha. I would like to emphasise that the Government will try its best to give priority to the people, especially the less fortunate,” the Finance Minister added in the statement.
BR1M was renamed BSH under Pakatan Harapan government’s directive. This is the third payout in 2018 and RM6.2 billion will be disbursed after this.
“For those who do not have bank accounts, approval letters will be mailed to their addresses and they can subsequently be cashed in at any Bank Simpanan Nasional (BSN) outlet.
“I would like to stress that the government will do its best to give priority to the people, especially the less fortunate,” he said, as quoted by NST.
If you need assistance or more information about the financial aid, please call the toll-free line 1800-88-2716 or email to [email protected]
Quick go to https://bsh.hasil.gov.my to check your approval status. Don’t forget to share this good news with your friends and family.