(C): X
Malaysia rolled out its cost-of-living package in Budget 2026, prioritizing low-income households with expanded Sumbangan Asas Rahmah (SARA) cash aid up to RM200/month for national poverty database families, plus one-off RM100 payments to 22 million adults aged 18+. Subsidies are maintained to maintain the RON95 petrol, fishermen/smallholder diesel, and stable rice/electricity prices at lower-usage homes, which would save RM15.5B/yr of reform costs. Hardcore poverty dropped to 0.09% (7,000 households), with STR/SARA totaling RM15B in direct relief. Rural Sabah/Sarawak get transport subsidies for food/gas; civil servants/retirees receive bonuses ahead of festive seasons. PM Anwar emphasizes subsidies to Malaysians and not foreigners.
Cost-of-living package boosts monthly SARA to RM200 for B40 families, STR top-ups for 9M recipients.
Lower-usage households retain affordable electricity; diesel fixed at RM1.65/L for key sectors.
Sabah/Sarawak logistics aid stabilizes prices; early STR payouts aid Ramadan, CNY prep.
Embed Malay Mail’s Instagram on cost-of-living package:
Disclaimer: Stay updated with the latest news in Malaysia, from politics to business trends, while also catching up on the latest news in sports covering matches, scores, and tournaments. Explore the latest news in entertainment with celebrity updates, movies, and shows, and don’t miss the latest news in games, featuring trending releases and esports highlights.
CES 2026 dazzled with holographic desk avatars from Razer's Project AVA—a 5.5-inch 3D hologram projecting customizable AI companions like anime…
Fijians and Kiwis are preparing to fight to preserve their HSBC SVNS Singapore crowns in the seventh leg of the…
Motorists in the Philippines are bracing for higher fuel prices next week as global oil market movements push up wholesale…
To maintain a long-term economic growth and the establishment of quality employment in the face of global uncertainties such as…
The Philippines, as ASEAN 2026 chair, unveiled its theme "Navigating Our Future, Together" to pivot from reactive crisis handling toward…
Malaysia pledged full support for the Philippines' ASEAN 2026 chairmanship during the ASEAN Foreign Ministers’ Retreat in Cebu on January…
This website uses cookies.
Read More