Ministry to review Payung Rahmah initiative in June
Domestic Trade and Cost of Living Minister Salahuddin Ayub says an impact study on the Payung Rahmah initiative will be carried out in June, six months after its introduction. – The Malaysian Insight file pic, March 25, 2023.
Its minister, Salahuddin Ayub, said the study would be carried out six months after the introduction of the initiative and the results of the study would be presented to Prime Minister Anwar Ibrahim, who is also the finance minister. “Only then will the ministry report the results of the study to the government, especially the prime minister, so that in next year’s budget, we can review the offers, initiatives or tax exemptions that can be given to the industry that is seriously involved in this initiative,” he said.
On the government’s proposal to introduce the Insurans Rahmah initiative, he said two insurance companies have expressed interest in offering such packages, namely Etiqa and Allianz.
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