The Malaysian government has earmarked a substantial RM58.1 billion in Budget 2024 towards subsidies, incentives, and assistance programs aimed at addressing the cost of living for the populace said Minister of Domestic Trade and Consumer Affairs, Datuk Armizan bin Mohd Ali during National Action Council on Cost of Living (NACCOL) Question and Answer session today.
Initiatives covered under this allocation include various subsidy programs, incentives, and assistance schemes designed to support the livelihoods of Malaysians across different sectors.
Noteworthy programs encompass the Rahmah Madani and Agro Madani sales programs, Rahmah Cash Contribution (STR) and Basic Contribution (SARA), FlySiswa and Seasonal Celebration Discount Ticket Scheme, MyLesen program (B2, PSV, E, and GDL), Monthly Unlimited Pass My50, and the Madani Medical Scheme.
