Thousands of Malaysians earning more than RM10,000 a month have applied for the 1Malaysia People\u2019s Aid or BR1M scheme, revealed the Finance Ministry.<\/p>\n
According to Second Finance Minister Johari Abdul Ghani, about 300,000 Malaysians earning more than RM5,000 applied for BR1M yearly and his ministry also found that 260,000 applicants earned RM5,000 a month.<\/p>\n
\u201cAbout 40,000 applicants earn between RM6,000 and RM8,000 a month,\u201d he told a press conference on Thursday.<\/p>\n
Under the 2017 scheme, RM1,200 is being given to 3,242,048 households earning RM3,000 and less a month, while RM900 is being given to 291,918 households earning between RM3,001 and RM4,000 a month, and RM450 is being given to 2,786,803 individuals earning below RM2,000 a month.<\/p>\n
Johari said his ministry and the Inland Revenue Board and the Employees\u2019 Provident Fund will work together to ensure the money does not go to the wrong people.<\/p>\n
\u201cWe have come to realise that we channel a lot of money to non-targeted groups, and this in turn prevents us from giving the money to the targeted groups,\u201d he added.<\/p>\n