At the same time, the Hiring Incentive Programme has placed 130,871 individuals (including disabled and senior citizens) in new jobs in the past year.
The implementation of Malaysia's Wage Subsidy Programme (PSU) has helped save 2.64mn jobs and 322,177 employers, the Minister of Finance has shared.
At the same time, in a Facebook post on Wednesday (24 February), Tengku Zafrul Aziz added that the Hiring Incentive Programme has placed 130,871 individuals (including disabled and senior citizens) in new jobs; while the various Skills and Skills Enhancement programmes have helped 135,751 people prepare for new jobs.
In line with that, Tengku Zafrul noted that Malaysia also observed a decrease in unemployment rate following the implementation of the various stimulus packages. In particular, it has dropped from 5.3% in May 2020 to 4.8% in December that year.
To date, following the extension of the PSU/PSU2.0 under the KITA PRIHATIN Package, a total of RM770.31MN has been channeled to businesses. This has benefited 534,183 employees and 65,398 employers thus far.
Apart from the above, Tengku Zafrul shared that as of 12 February 2021, Bank Simpanan Malaysia (BSN) has approved loans amounting to RM1.259bn to 6,731 SMEs, under the PENJANA SME Financing Scheme.
Similarly, a total of RM57.1mn has been approved for 282 SMEs from the tourism sector, under the PENJANA Tourism Sector Financing Scheme; while a total funding of RM363.4mn has been given out to 10,774 mico SMEs under the PENJANA Micro Credit Financing Scheme.
Lastly, a total of under the Bumiputera Relief Financing (BRF) managed by PUNB, a total of RM161.7mn has benefitted 572 SMEs under the Bumiputera Relief Financing managed by Perbadanan Usahawan Nasional Berhad.
Photo / Tengku Zafrul Aziz's Facebook