RM1 Trillion Debt: How Is The Government Dealing With It?
Let's talk about the massive debt elephant in the room.
The 1Malaysia People’s Aid, also known as BR1M, is a government scheme that was first established to offer assistance to households that fall into the low-income group, to combat the rising cost of living.
Let's talk about the massive debt elephant in the room.
Malaysians who are low income earners will receive their cash aid starting mid-August.
Let’s hope it works out.
Don’t be fooled!
The deadline has been extended!
Here comes the handout of handouts!
Wasn’t this for the lower-income group?
It’s going to be more than just cash handouts.
Eligible Malaysians will continue to receive BR1M financial aid under Budget 2017.
PPR houses will see a raise in maximum household income from RM2,500 to RM3,000 – opening up the scheme to more Malaysians.