{"id":33602,"date":"2018-03-09T13:28:35","date_gmt":"2018-03-09T05:28:35","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=33602"},"modified":"2018-03-09T15:07:46","modified_gmt":"2018-03-09T07:07:46","slug":"br1m-government-parliament","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/br1m-government-parliament","title":{"rendered":"Government Contemplating An Increase In BR1M For Urban Poor"},"content":{"rendered":"
The government has revealed there is a possibility that the 1Malaysia People\u2019s Aid (BR1M), which is meant for the urban poor, could be increased due to the higher cost of living.<\/p>\n
Deputy Finance Minister Datuk Seri Othman Aziz had said the costs of living in urban areas has spiked, and they were contemplating on a slight increase for the cash handout.<\/p>\n
He was responding to a question posed in Parliament regarding the disparity between those receiving BR1M in rural versus urban areas.<\/p>\n
\u201cThe cost of living in the city is higher. So, we may look at increasing slightly the aid for the urban poor in the long term,\u201d he said.<\/p>\n
Previously, he revealed a total of RM25.62billion had been dispensed from 2012 until last year, while an estimated RM6.8billion is set to be given out to 7.2 million eligible applicants this year.<\/p>\n
Othman added that since the launch, a total of RM32.42nillion had been allocated by the government towards BR1M.<\/p>\n
The handout is currently RM900 for those with a household income between RM3,002 and RM4,000.<\/p>\n