The payouts will be credited directly to the recipient's bank account registered in the GKP system, and businesses may check for the approval status of the payouts from today (20 September).
The business sector in Malaysia, especially micro small and medium enterprises (SMEs) is set to receive payouts under the Special Caring Grant (Geran Khas Prihatin/GKP) 4.0 from tomorrow (Tuesday, 21 September 2021).
Announcing this on Friday (17 September), Prime Minister Ismail Sabri Yaakob said this assistance, which is part of the People's Protection and Economic Recovery Package (PEMULIH), will help more than one million micro SMEs ease their financial burden in this challenging period.
The GKP 4.0 payment will be paid twice -RM500 in September, and RM500 in November. This initiative involves existing recipients of GKP 1.0, GKP 2.0, GKP 3.0 and new recipients of GKP 4.0, and will amount to RM500mn.
Payment will be credited directly to the recipient's bank account registered in the GKP system, and businesses may check for the approval status of the payouts from today (20 September), directly on the GKP portal.
Total payments under the GKP, including past payments, will add up to RM6.08bn, PM Ismail shared.
"I hope this assistance can mobilise and revive the SME sector which is the engine of economic growth for the Malaysian Family. The government gives priority to these industry players as they are among the most affected sectors during the COVID-19 pandemic.
"Hopefully with this help reduce the burden on small traders such as food stall owners, barbershops, workshops, and cake shops, as well as help with cash flow."
Per the report, the minister reminded employers that there has been no entry of foreign workers into the country, including foreign domestic helpers, from source countries since the implementation of the movement control order on 18 March 2020.
Thus, the report also stated that private employment agencies registered with the Human Resources Minister are advised against publishing advertisements or statements that "mislead employers on entry of foreign maids into the country".
Image / 123RF