Govt channels RM20.94bil for wage subsidy programme as at July 29


Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz — Bernama

KUALA LUMPUR: The government has channelled a total of RM20.936 billion to 357,929 employers through the Wage Subsidy Programme (PSU) as at July 29, 2022, to maintain the employment of 2.96 million local workers.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the effort was aimed at reducing the unemployment rate among Malaysian workers.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Sime’s bold rebrand signals modern focus
Bank Negara allows MDBs and DFIs to issue ringgit bonds
Fare deals open doors for inDrive
Schooling kids on money use
Stingless bee honey causing a buzz
Boxed-in markets seek safety
MSC posts RM14mil net profit in third quarter
Strained by lack of positive catalysts
GST revival off the table as government expands the SST
The spirit of enterprise

Others Also Read