Malaysia business news today: The government has extended the registration dateline for Bantuan Prihatin Rakyat (BPR) until Feb 25.
The Inland Revenue Board (IRB) has received nearly 550,000 new applications that still require verification and cross-check in the system. In addition, this cross-checking process requires 25 Government Agencies including the National Registration Department and others. This is to make sure that only those who are eligible will receive the financial aid, Finance Minister Tengku Datuk Seri Zafrul Aziz said.
Before that, the registration was only open from January 15 until February 15.
Tengku Zafrul said in a statement today that taking consideration into the incorporation of Movement Control Order (MCO), this is to ensure that the BPR will be given to those who are truly eligible.
He added that only applicants with the following condition have to make a new application:
- Applicants who have never get Bantuan Prihatin Nasional (BPN) B40 or Bantuan Sara Hidup (BSH) 2020.
- Applicants with household earning below RM5,000 a month have to apply again.
- Newly vulnerable communities that have changes in their income status due to the impact of the pandemic.
With this new registration/update process, those who fail to pass and have not received the BPR still have the chance to apply again for re-verification, said the minister.
Malaysia business news today: After approval of applications, applicants will receive BPN B40 and BSH 2020. They do not need to submit a new registration. Moreover, they do not need to make any update if there is no change of their information.
As announced under Permai Package last month, phase 1 of BPR payments will be expedited by the end of February 2021.
Tengku Zafrul said phase 2 payment will be released in May as the authorities have to process new applications.
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