{"id":48016,"date":"2021-05-31T22:30:42","date_gmt":"2021-05-31T14:30:42","guid":{"rendered":"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/?p=48016"},"modified":"2021-06-01T12:16:07","modified_gmt":"2021-06-01T04:16:07","slug":"mco-financial-assistance","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/mco-financial-assistance","title":{"rendered":"List Of Financial Assistance For Malaysians Affected By MCO 3.0"},"content":{"rendered":"<p>As the nation starts a new round of full Movement Control Order (MCO) for the third time, the government has announced <a href=\"https:\/\/www.bernama.com\/en\/business\/news.php?id=1967201\" target=\"_blank\" rel=\"noopener noreferrer\">new aid packages<\/a> for those affected by the lockdown.<\/p>\n<p>The nationwide MCO begins on June 1, 2021, and the first phase will last for 14 days.<\/p>\n<p>Among the RM40 billion Pemerkasa Plus aid package for affected individuals and SMEs are:<\/p>\n<ul>\n<li>Automatic three-month extension of <a href=\"https:\/\/www.imoney.my\/articles\/loan-moratorium-repayment-option\" target=\"_blank\" rel=\"noopener noreferrer\">loan moratorium<\/a> or reduce monthly instalment repayments by 50% for up to six months for affected workers, micro and small businesses<\/li>\n<li>Additional RM2.1 billion for financial aid under Bantuan Prihatin Rakyat (BPR)<br \/>\nRM500 for household incomes under RM2,500 p.m.<br \/>\nRM300 for household incomes between RM2,501 and RM5,000 p.m.<br \/>\nRM100 for singles earning less than RM2,500 p.m.<\/li>\n<li>12-month loan moratorium for eligible bus and taxi operators and extension of loan period until 36 months<\/li>\n<li>1-month wage subsidies totaling RM1.5 billion to be disbursed by the Social Security Organisation<\/li>\n<li>30% discount on premise rental for affected entrepreneurs under Mara Prihatin programme<\/li>\n<li>One time aid for drivers of taxis, rental cars, school buses, tourist buses and e-hailing amounting to RM68 million<\/li>\n<li>Additional 10% electricity discount for three months from July to September for six affected sectors<\/li>\n<li>Stamp duty exemption for the Home Ownership Campaign extended until end of 2021<\/li>\n<li>Sales tax exemption for CKD passenger vehicles and CBU imports under Penjana initiative extended until end of 2021<\/li>\n<li>Levy payments exemption for one month in June 2021<\/li>\n<li>Additional Prihatin grant from RM1,000 to RM1,500 (RM1,000 in June and RM500 in July)<\/li>\n<li>RM1.5 billion for credit micro financing with rates from 3%<\/li>\n<\/ul>\n<p>For the full list of Pemerkasa Plus initiatives, you can refer to the Finance Ministry posting <a href=\"https:\/\/www.facebook.com\/tzafrulaziz\/posts\/324782215838198\" target=\"_blank\" rel=\"noopener noreferrer\">here.<\/a><\/p>\n<p>In May, the government also launched the Jaringan Prihatin programme to help lower income households and individuals gain access to telecommunication services or mobile phones. The\u00a0E-Belia programme was also launched to help youths and students at institutions of higher learning obtain credit of RM150 from e-cash service providers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Additional aid for those affected will be made available starting in June.<\/p>\n","protected":false},"author":1,"featured_media":48017,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[271,254,216],"tags":[554],"class_list":["post-48016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-income","category-news-updates","tag-loan-moratorium"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pemerkasa Plus: List Of Financial Assistance For MCO 3.0<\/title>\n<meta name=\"description\" content=\"Additional Bantuan Prihatin 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