Kuala Lumpur: The maximum rate for Sumbangan Tunai Rahmah (STR) will be raised to RM3,700 next year from the previous RM3,100, said Prime Minister Datuk Seri Anwar Ibrahim.
Anwar, who is also the Finance Minister, said the minimum rate STR for youths will also be increased from RM350 to RM500.He said the STR allocation, which benefits 9 million recipients or 60 per cent of the country’s adult population, has been increased by RM2 billion or 25 per cent from RM8 billion to RM10 billion.
SPONSORED CONTENT Daily Express members: Enjoy 1 for 1 signature cocktails and more at Hyatt Centric Kota Kinabalu Kota Kinabalu: DAILY EXPRESS is partnering with Hyatt Centric Kota Kinabalu to offer an exclusive deal for our members. Read more “Next year, STR will also take a different approach, whereby new applications can be made as early as November this year and will be open throughout the year, instead of once a year as before.
The Prime Minister said the Government has also decided to expand the Sumbangan Asas Rahmah from 200,000 to 700,000 STR recipients and extend the disbursement period from RM100 per month to 12 months, compared to six months previously.According to Anwar, the Government has also allocated RM200 million to continue the implementation of Payung Rahmah, including the implementation of Rahmah Sales and Pasar Rahmah, which provide incentives to 1.
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