LAPORAN

LAKSANA LAKS NA
LAKSANA
REPORT MINISTRY OF FINANCE MALAYSIA
Agensi Pelaksanaan Ekonomi & Koordinasi Strategik Nasional

YB TENGKU DATUK
YB TENGKU SERISERI
DATUK UTAMA ZAFRUL
UTAMA AZIZ
ZAFRUL AZIZ
Minister of Finance
Menteri Malaysia
Kewangan Malaysia

19 MAC 2021 55th LAKSANA REPORT

2021/MAC/LAPORAN LAKSANA-45

3rd JUNE 2021

PELAKSANAAN INISIATIF PELABURAN RM7 BILION

BELANJAWAN 2021
UNTUK MENJANA 12,000
PEKERJAAN
PERMAI Pertama, pendekatan strategik dan menyeluruh 6R
Kerajaan tetap menjadi garis panduan untuk Kerajaan
menangani COVID-19 dan memastikan kelangsungan
KITA PRIHATIN ekonomi;

PENJANA • REVIEW ON CURRENT ISSUES

• GENERATION AND
PRIHATIN RETENTION OF JOBS
• BUSINESS EMPOWERMENT
• OTHER INITIATIVES

www.mof.gov.my Kementerian Kewangan Malaysia MOFmalaysia mof_malaysia MOF Malaysia

 REVIEW ON CURRENT ISSUES
MORATORIUM AND REDUCTION OF LOAN INSTALLMENT REPAYMENT
FOR THOSE AFFECTED
The Government has announced moratorium assistance
and reduction of loan instalment repayment to all
affected rakyat under the Strategic Programme to
Empower the People and Economy Plus (Pemerkasa+).
Borrowers such as individuals who lost their jobs (B40,
M40 and T20), B40 (BSH or BPR recipients), micro
businesses and SMEs in sectors that are not allowed
to operate due to MCO (locked down sectors) can also
choose to get a moratorium for 3 months or a 50%
reduction in installment repayment for 6 months.
Since October 2020, a total of 1.5 million borrowers
have received loan repayment assistance. It is expected
that as many as 5 million affected borrowers can get
repayment assistance provided by banks, involving
deferred loan installments amounting to approximately
RM30 billion.
Borrowers who experience a reduction in income (B40,
M40 and T20) can get a reduction in payment, which
allows them to make choices based on their respective
financial circumstances and needs.
Borrowers only need to choose and obtain the
appropriate loan repayment assistance from their banks.
For further information please visit https://
www.bnm.gov.my/o/covid-19/ra_bm.html and
https://www.facebook.com/83552599871/
posts/10159341710829872/?d, which is the regulator of
the banking sector in Malaysia.
MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT
1
 REVIEW ON CURRENT ISSUES

OVER RM200 BILLION BUDGET ALLOCATION FOR 2021 AND RM100

BILLION ALLOCATION UNDER THE ECONOMIC STIMULUS PACKAGE IS
STILL BEING IMPLEMENTED FOR 2021
From the beginning, the Government has realised that there is no silver bullet to win this COVID-19 war. Therefore,
the Government has adopted the 6R economic recovery strategy, which is a structured crisis management
approach that plans for each phase of the economic recovery based on a broader general framework. This 6R
approach emphasises the Government’s priority to protect the lives and livelihood of the people, while at the same
time, provide full attention to economic recovery efforts.

From March 2020 to March 2021, the Government has
announced 6 economic stimulus packages worth
RM340 billion, with a fiscal injection of RM65 billion
or almost 4.7% of GDP in addressing the health and
economic challenges we are facing. The effectiveness
of this proactive policy has already begun to show a
positive economic recovery where GDP for March 2021
The economic stimulus package announced throughout
2020 has benefited more than 20 million people and 2.4
million businesses. To date, almost 60% of the initiatives
have already been disbursed, comprising direct cash
assistance such as Bantuan Prihatin Nasional, Geran
Khas Prihatin, Wage Subsidy Programme and various
other measures to protect the rakyat and ensure
MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT

recorded a growth of 6%. business continuity.

2
 REVIEW ON CURRENT ISSUES

As of 21 May 2021, almost RM200 billion has been
disbursed throughout the implementation of the
Economic Stimulus Package. In addition, there are still
many programmes that are and will be implemented
according to plan, with more than RM100 billion to be
spent until the end of this year.
From the approved allocation of RM322.5 billion under
Budget 2021, RM117.5 billion has been spent as of April
2021. This means that there is still RM205 billion to be
spent out of the 2021 allocation.

Among Budget 2021 measures that are still being implemented for the benefit of the rakyat are:

• Welfare assistance allocation is increased from RM1.5 billion in 2020 to RM2.2 billion in 2021. This includes an
increase in welfare assistance to vulnerable groups such as bedridden senior citizens, poor families and the
disabled;

• The implementation of the Jendela initiative with an allocation of RM500 million which, among others, will
provide fibre connections for schools; and

• Other programmes funded by Budget 2021 development expenditure (DE) include a Micro Credit Fund of
almost RM1 billion and a school maintenance programme.

The Government will continue to monitor the situation and ensure those affected are supported and protected. At
the same time, it should be noted that most of the initiatives under previous assistance and stimulus packages, and
those under Budget 2021 are still ongoing. These initiatives must be seen as a whole, and not separately, because
they complete and complement each other.
MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT

3
 REVIEW ON CURRENT ISSUES
CONTINUED OPENING OF SPECIFIC ECONOMIC SECTORS CRUCIAL
TO SUPPLY CHAIN FOR ESSENTIAL PRODUCTS & SERVICES
Following the announcement by the National Security
Council (NSC) on the list of sectors allowed to operate
during MCO 3.0 for the period 1-14 June 2021, it should
be clarified that the continued opening of these sectors
is crucial to prevent supply chain failures for essential
products and services, as part of the effort to safeguard
the welfare of the rakyat.
While there is a need to control the COVID-19
pandemic efficiently, there is also a need to prevent
disruptions to the manufacturing sector value chain
that could threaten the continued production of
goods and services for key industries such as food,
healthcare/medical equipment, pharmaceuticals,
and telecommunications. Based on the lessons from
MCO 1.0, the Government will also allow sectors in the
value chain of essential goods, such as packaging and
labelling material, to continue operating.
The recent NSC decision regarding the sectors
that will remain open throughout MCO 3.0 covers
strategic economic sectors such as aerospace, Oil &
Gas, Manufacturing and Electrical & Electronics (E&E).
The E&E sector, for example, produces thousands of
components that enable the continuous operation of
critical infrastructure around the world, among others,
healthcare and medical equipment, water supply
systems and energy grids, as well as transportation and
telecommunications networks.
Malaysia is also a major player in the global E&E value
chain. The E&E sector contributes 40% (or RM386
billion) to Malaysia’s annual exports, and about 7% of
global semiconductor trade. Furthermore, around RM15
billion of new investments in the E&E sector had been
approved by 2020, creating 20,000 jobs for Malaysians.
Therefore, any sector closure even for a short period
of time, will affect not only the supply of industrial
necessities in Malaysia, but also to the rest of the world,
especially in the face of a challenging COVID pandemic.
This will also have a long-term impact where trade and
investment shift from Malaysia; affecting Malaysia’s
competitiveness in the global value chain. We have
already experienced this during MCO 1.0, when various
Malaysian manufacturers reported that their orders had
been diverted to other producing countries, including
China.
To reduce the risk of COVID-19 transmission, the
Government, through closer monitoring and
enforcement, will ensure that Malaysian E&E plants
strictly comply with SOPs, including a limit on physical
presence in the workplace of up to 60%.
MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT
4
 REVIEW ON CURRENT ISSUES

THE GOVERNMENT PROVIDES VARIOUS BENEFITS FOR THE M40 GROUP

It is UNTRUE that the Government’s assistance is only focused on the B40 group while the M40 group is always
sidelined. All sections of the rakyat are given due attention by the Government. Beginning from Budget 2021, all the
way to PERMAI, PEMERKASA and PEMERKASA + assistance packages, various assistance has been channeled to the
M40 group such as:

• Wage Subsidy Program

• Moratorium & Reduction of Loan Installments
• 1% Reduction in Income Tax Rate
• Prihatin Employment Insurance System

MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT

Unsure of your eligibility for any assistance? Visit https://belanjawan2021.treasury.gov.my/manfaat/index.php/bm/

for further information.

5
 REVIEW ON CURRENT ISSUES

eBELIA: THE CREDIT CLAIM PERIOD HAS OPENED FROM 1 JUNE 2021
TO REDUCE THE BURDEN OF YOUTH AND FULL-TIME STUDENTS

Programme

Promote cashless transactions

e-wallet credit further increased from

RM100 to RM150

Target: 2 million youth age 18 to 20

and full-time university students

The eBelia programme is an e-cash credit initiative This eBelia initiative is opened to Malaysians who:
worth RM300 million that is opened to approximately
two (2) million eligible Malaysian youths starting 1 A B
June 2021. It aims to ease their financial burden as well
as encourage cashless spending among youths and Has reached the Is a full-time student at
full-time students at any registered local institution of age of 18 to 20 years the diploma level or SKM4
in 2021 (born in OR and above at a registered
higher education. A total of RM200 million had been
allocated for this programme under Budget 2021, and 2001 to 2003) local IHL
the Government has increased the allocation by RM100
million under the PEMERKASA programme announced
MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT

last March. With this additional allocation, each recipient

is eligible for a credit value of RM150, compared to The credit claim period is from 1 June to 22 July 2021
RM100 previously. and the credit can be spent until 31 July 2021. For more
information, please visit: http://belanjawan2021.treasury.
Each applicant can claim RM150 in the form of e-cash gov.my/manfaat/index.php/bm /ebelia
credit from one of the eBelia e-cash service providers,
namely BigPay, Boost, ShopeePay and Touch ‘n Go
eWallet. Cumulatively, these four service providers
have 30 million active users, and a network of over 1
million online and offline traders. They will also offer
additional incentives in the form of cash back, vouchers,
accumulated points or coins throughout the campaign
period.

6
 REVIEW ON CURRENT ISSUES

ADDITIONAL PAYMENT OF BANTUAN PRIHATIN RAKYAT (BPR) UNDER

PEMERKASA+

Under PEMERKASA Plus, the Government has agreed to allocate RM2.1 billion to increase the payment rate for the
Bantuan Prihatin Rakyat or BPR programme following the announcement of MCO 3.0. Households earning below
RM2,500 will receive an additional BPR rate of RM500, while households earning RM2,501 to RM5,000 will receive an
additional rate of RM300. Single individuals will receive an additional rate of RM100.

This additional BPR will be credited to recipients’ accounts at the end of June. This payment is in addition to the last
payment phase of the BPR in September 2021.

This additional rate has been provided out of the Government’s concern to ease the burden of the rakyat during
MCO 3.0. Bantuan Prihatin Rakyat (BPR) is a direct assistance initiative announced in Budget 2021 to benefit the
B40 group.

Looking back, as of May 2021, the total amount of direct

assistance from the Government (including BPN2.0 and
BPR Phase 1 and 2) that has been and will be disbursed
to the B40 group is worth RM6.59 billion, while the total
amount of direct assistance is more than RM32 billion
for 2020 and 2021. Various other assistance provided
by the Government is to ensure the well-being of the
rakyat, including existing assistance supervised by
the Department of Social Welfare and various other
Government agencies.

To ensure that the BPR programme is targeted at those

who are truly eligible, the appeal application period
will be open from 15 to 30 June 2021. With this appeal
process, some of those whose applications were rejected
are still given the opportunity to submit appeals with
relevant documents for review by the IRBM.

No matter the situation, the Government is always

committed to ensuring that the assistance being
allocated reaches the targeted groups, to safeguard
the well-being of the rakyat. You can check the various
eligible aids applied for through https://belanjawan2021.
treasury.gov.my/manfaat/index.php/bm/

MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT

7
 REVIEW ON CURRENT ISSUES

DISBURSEMENT OF GKP 3.0

GKP 3.0 is a financial assistance for qualified Small & Medium Enterprises (SMEs) as well as an additional one-off
financial assistance amounting to RM1,000 for existing recipients of GKP 1.0 and GKP 2.0, to alleviate the financial
burden of businesses while helping to increase productivity.

MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT

With th eannouncement of PEMERKASA+ on 31 May
2021, the GKP rate has been increased by RM500 to
RM1,500. This means that almost 1 million SMEs and
micro enterprises will receive RM1,000 in mid-June and
another RM500 to be disbursed in July.
Payment will be credited to the applicant’s personal
bank account registered on the new GKP 3.0 application,
or to the bank accounts of existing recipients of GKP 1.0
and GKP 2.0. The results of applications can be checked
from early June 2021 via the official portal of GKP
(https://gkp.hasil.gov.my).

8
 GENERATION AND RETENTION OF JOBS

WAGE SUBSIDY PROGRAMME (PSU) 1.0

A total of 322,177 employers and 2.64 million employees have received PSU benefits under PRIHATIN and PENJANA.
As of 21 May, the approved wage subsidy applications have reached a value of RM12.889 billion.

Total amount approved* Total employees* Total employers*

(RM billion) (million)

15 3.0 322,177 350K

RM12.889 2.640 Employers
Million
Billion

2.5
12

250K
2.0

1.5

150K
6

1.0

3
0.5
50K

0 0 0
24 29 26 31 28 25 30 27 25 29 26 26 30 7 14 21 24 29 26 31 28 25 30 27 25 29 26 26 30 7 14 21 24 29 26 31 28 25 30 27 25 29 26 26 30 7 14 21
APR MAY JUN JUL AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY APR MAY JUN JUL AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY APR MAY JUN JUL AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

* Cumulative amount
** The number of employers and employees remained at a maximum. However, payments are made in phases and continuously to ensure that only eligible enterprises
receive the subsidy

WAGE SUBSIDY PROGRAMME (PSU) 2.0

As of 21 May, a total of RM1.193 billion were distributed under KITA PRIHATIN to 73,815 employers to continue to
operate and retain employment for 642,123 employees.

Total employers*
Amount distributed* Total employees*
(RM Million) RM1.193
Billion 73,815 80k
1,200 800k Employers

642,123
Employees
1,000

600k 60k

800

600 400k 40k

400

200k 20k
MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT

200

0
0 0
20 27 25 29 26 26 30 7 14 21
20 27 25 29 26 26 30 7 14 21 NOV NOV DEC JAN FEB MAR APRIL MAY MAY MAY 20 27 25 29 26 26 30 7 14 21
NOV NOV DEC JAN FEB MAR APRIL MAY MAY MAY 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 NOV NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

* Cumulative amount

9
 BUSINESS EMPOWERMENT

PENJANA SME FINANCING

The Government’s allocation of RM2 billion under this programme prioritises SMEs that have never received loans
from a bank before. As of 21 May, a total of 7,497 applications have been approved with a total loan value of RM1.403
billion.

Total loan value* Approved applications*

(RM million)
RM1,402.5 7,497
Million 1,500 applications 8,000

1,200
6,000

900

4,000

600

2,000
300

0 0
28 25 30 27 25 29 26 26 30 7 14 21 28 25 30 27 25 29 26 26 30 7 14 21
AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

* Cumulative amount

TECHNICAL AND DIGITAL ADOPTION SUPPORT FOR SMES AND MID-

TIER COMPANIES (MTCS)
As of 21 May, RM66.2 million has been disbursed to 13,866 businesses in the form of grants and loans for
digitalisation services subscriptions.

Amount disbursed* Total recipients

(RM million)
13,866
80 recipients 15k

RM66.2
Million

12k
60

9k
MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT

40

6k

20
3k

0 0
25 30 27 25 29 26 26 30 7 14 21 25 30 27 25 29 26 26 30 7 14 21
SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

* Cumulative amount

10
 OTHER INITIATIVES

SUPPORT FOR THE ARTS, CULTURE AND ENTERTAINMENT SECTOR

For the CENDANA initiative, the Government has allocated RM10 million, which is expected to benefit 3,000
recipients comprising artistes/entertainers, collectives and organisations actively involved in the Malaysian arts
and culture sector. Recipients will receive different grant sizes depending on the application and the targeted
programme. As of 21 May, a total of RM3.50 million has been distributed to 502 recipients. Creative industry players
are advised to leverage on the opportunities provided in producing their works. All industry players involved can
apply for assistance from the agencies implementing the CENDANA initiative by visiting www.mycreative.com.my/
penjana and www.cendana.com.my for more information.

FRONTLINERS ALLOWANCE (PRIHATIN PACKAGE)

As of 21 May, a total of RM722.91 million had been disbursed based on 2,028,639 claims received from doctors,
nurses and other medical staff directly involved in managing and fighting off the COVID-19 outbreak. This special
allowance is also extended to the personnel from the military, police, customs, immigration, firefighters, members
of the Civil Defence Force and RELA members who are directly involved in the Movement Control Order (MCO)
implementation.

Amount disbursed* Total number of claims

(RM million)

RM722.91 800 2.5

Million
2,028,639
claims
2.0
600
MINISTRY OF FINANCE MALAYSIA 55TH LAKSANA REPORT

1.5

400

1.0

200
0.5

0 0
25 30 27 25 29 26 26 30 7 14 21 25 30 27 25 29 26 26 30 7 14 21
SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

11
APPENDIX
 APPENDIX: PRIHATIN ACHIEVEMENTS

OBJECTIVE 1: EMPOWERING THE RAKYAT

1. MY30 Public Transport As of 21 May, a total of RM127.74 million has been disbursed for the
Subsidy subscription of 751,414 monthly unlimited public transport passes worth
RM30, provided specifically for Malaysian citizens. As announced under the
2021 Budget, this initiative is extended to 2021 to further promote mobility
and reduce the burden of public transport costs for the rakyat.
2. Hiring Incentive Programme As of 21 May, a total of 137,593 employees had secured employment
and Training Assistance through this programme. Among the key industries and sectors actively
hiring include manufacturing as well as wholesale and retail. For more
information, visit (https://www.perkeso.gov.my/186-penjana/803-
program-insentif-pengambilan-pekerja-dan-bantuan-latihan.html)

Category of Rakyat Being Employed

15k

138,448
Total* Employees
< 40 years 40 – 60 years

112,087 18,195 20k

Employees 120k
Employees

100k

12k
15k

80k

60k 10k

40k

5k

9k
20k

0 0
28 25 30 27 25 29 26 26 30 7 14 21 28 25 30 27 25 29 26 26 30 7 14 21
AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

6k
Apprentice
OKU
7,665
Employees 8k
1,500

1,200
6k

3k
900

4k

501
Employees 600

2k
300

0
0 0 28 25 30 27 25 29 26 26 30 7 14 21
AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY

28 25 30 27 25 29 26 26 30 7 14 21 28 25 30 27 25 29 26 26 30 7 14 21 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

* Cumulative Amount
** The decrease compared with the previous week is due to certain employers who wrongly selected the category of employees prior to the actual applications.
 APPENDIX: PRIHATIN ACHIEVEMENTS

OBJECTIVE 1: EMPOWERING THE RAKYAT

List of 5 highest hiring industries/sectors by category

No < 40 years 40 – 60 years Apprentice OKU Overall

Wholesale and
Retail Trade;
1 Manufacturing Other Services Other Services Manufacturing
Motor Vehicle and
Motorcycle Repair

2 Other Services Manufacturing Manufacturing Other Services Other Services

Wholesale and Wholesale and Wholesale and Wholesale and

Retail Trade; Retail Trade; Retail Trade; Retail Trade;
3 Manufacturing
Motor Vehicle and Motor Vehicle and Motor Vehicle and Motor Vehicle and
Motorcycle Repair Motorcycle Repair Motorcycle Repair Motorcycle Repair

Accommodation & Accommodation & Accommodation & Accommodation & Accommodation &
4
Food Services Food Services Food Services Food Services Food Services

Information &
5 Education Construction Education Construction
Communication
 APPENDIX: PRIHATIN ACHIEVEMENTS

OBJECTIVE 2: PROPELLING BUSINESSES

3. TEKUN Business Recovery The RM100 million fund has achieved its objective by benefiting 14,946
Scheme (TBRS) specially for Micro SMEs
micro SMEs
4. PENJANA Credit Micro PENJANA Credit Micro Financing by Bank Simpanan Nasional (BSN): As
Financing by Bank Simpanan of 14 May, a total of RM421.2 million has been disbursed to benefit 12,666
Nasional (BSN) Micro SMEs including in retail and services.
Amount disbursed* Total Micro SMEs*
(RM million)

500 15k

RM421.2 12,666
Million Micro SMEs

400 12k

300 9k

200 6k

100 3k

0 0
28 25 30 27 25 29 26 26 30 7 14 21 28 25 30 27 25 29 26 26 30 7 14 21
AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

* Cumulative amount

5. Bumiputera Relief Financing This special fund assistance is specifically for Bumiputera SMEs affected by
(BRF) amounting to RM200 COVID-19, with financial assistance between RM100,000 and RM1 million
million by Perbadanan for the SMEs involved. As of 21 May, the fund had been distributed to 749
Usahawan Nasional Bhd SMEs involving a total of RM226.8 million. For more information, please
(PUNB) visit https://www.punb.com.my/images/photo/BRF/Soalan_Lazim_BRF_
FINAL.pdf

6. SME Soft Loans Funds As of 21 May 2021, the total number of applications approved by local
Administered by Bank Negara banks and accepted by SMEs is RM11.95 billion which will benefit 25,406
Malaysia (BNM) SMEs. This amount includes Special Relief Facility (SRF), Automation
& Digitalisation Facility (ADF), All-Economic Sector Facility (AES) and
Agrofood Facility (AF) funds.
Amount Approved Total SME’s
(RM billion) RM11.95
billion
12
30k
25,406
SMEs
25k
10

20k

15k

4
10k

2 5k

0 0
28 25 30 27 25 29 26 26 30 7 14 21 28 25 30 27 25 29 26 26 30 7 14 21
AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

* Cumulative amount
Although the SRF funds have been fully utilised, SMEs can still apply for
available funding schemes under the BNM Funds such as ADF, AES and
AF. SMEs can also acquire other funding via the imSME platform via the
link https://imsme.com.my/portal/en/ that will help match the required
funding by SMEs with multiple financial institutions.
 APPENDIX: PRIHATIN ACHIEVEMENTS

OBJECTIVE 2: PROPELLING BUSINESSES

7. Reskilling and Upskilling As of 21 May, a total of 143,301 individuals had been approved to participate
Programme in the programmes provided. The list of courses that are requested can
be seen through the Ministry of Finance link. In addition, applicants can
also visit the websites of Government agencies as listed below, to obtain
information on the courses offered. Those who are looking for a job,
especially youths, are invited to participate in these courses.

Ministry / Agency Programme / Scheme / Initiative

Pembangunan Sumber Industrial Gerak Insan

SME Place B40
Manusia Berhad (PSMB) Revolution Gemilang
Development & Train Development
(www.penjanahrdf.com.my) 4.0 (IREV4.0) (GIG)

Kementerian
Pembangunan, INSKEN
Micro Connector
Usahawan dan Koperasi Business
Programme
Training
(MEDAC)
(https://www.medac.gov.my)

Majlis Amanah Rakyat Building Internal Entrepreneur

(MARA)
(http://penjana.mara.gov.my/)
Modul Khas Penjagaan
Capabilities by Engaging
Kesihatan dan
E-Commerce Bespoke
Keselamatan Kebiasaan Building
Programme (e-entrepreneur) —
Baharu Capabilities
Training e-Commerce Platform
and Providing
Jobs Through
Competencies
Building Internal Entrepreneur / Short Courses
Building Capabilities and Capabilities by Engaging Programme
Providing Jobs Through e-Commerce Bespoke
Industry Boot Camp Programme (e-entrepreneur) —
Bespoke

East Coast Economic

Region Development ETEP Enhanced
Council (ECER) Train & Place
(https://www.ecerdc.com.my/ (PENJANA)
penjana/Website/index.html)

Northern Corridor
Implementation
JomNiaga@ JomKerja@
Authority (NCIA)
NCER NCER
(https://www.ncer.com.my/
jomkerja_ jomniaga/)

Kementerian
Pelancongan, Seni Community
dan Budaya Malaysia Skills
(MOTAC) Development
(http://www.motac.gov.my/)

Kementerian Pengajian
Gig Economy Entrepreneurship
Tinggi (KPT) Programme Programme
(https://great.mohe.gov.my)
 APPENDIX: PRIHATIN ACHIEVEMENTS

OBJECTIVE 3: STIMULATING THE ECONOMY

8. 100% export duty exemption Includes palm oil-based industries, to stimulate the growth of the country’s
to the commodity sector commodity sector and export value. This initiative can help make it more
convenient for smallholders to sell their produce to factories. The value of
export duty exemption successfully utilised by the country’s industry is
RM593.9 million.
9. Service tax exemption for Specifically to support the tourism sector until 30 June 2021. The value
hotels of tax exemptions that have been utilised by accommodation premises
operators has reached a value of (RM2.366 bilion) RM2.333 bilion. Other
initiatives to support the tourism sector include individual income tax relief
of up to RM1,000 on travel expenses, as well as full tourism tax exemption.
10. Sales tax exemption for This sales tax incentive includes 100% exemption for locally assembled cars
passenger vehicles (CKD) and a 50% reduction for fully imported models (CBU). As of 21 May,
the value of sales tax relief that has been utilised is RM232.96 million. The
Government has agreed to extend this tax incentive until 31 December
2021, as a measure to further boost the automotive sector and economic
activities of the country.
11. PENJANA Mudah Jaya This financing facility starts with a limit of RM500,000 to RM50 million with
Financing Scheme for Private a profit rate of 3.5% per annum which aims to help Bumiputera private
Institute of Higher Learning Higher Learning Institutes (IPTS) affected by the COVID-19 pandemic to
(SPiM Penjana IPTS) by Majlis cover working capital such as operating costs, employee salaries, premises
Amanah Rakyat (MARA) rent, utilities and operating expenses. As of 21 May, a total of 22 applications
worth RM118.3 million have been approved and of that amount, RM10.6
million has been distributed to 12 Bumiputera IPTS. For more information,
please visit https://www.mara.gov.my/en/index/entrepreneurship/
businessfinancing/spim/#tab-id-1
12. PENJANA Tourism Financing Government’s allocation of RM1 billion for SMEs and micro SMEs that are
still affected by COVID-19. As of 21 May, there were 657 applications, and of
that total, 325 applications were approved with a total funding of RM64.6
million. For more information, please visit https://www.bnm.gov.my/o/
covid-19/FAQ%20PENJANA%20Tourism%20Financing_BM.pdf

Amount disbursed* Total Micro SMEs*

(RM million)
325
80 Micro SMEs 350

RM64.6
Million

60
250

40

150

20

50

0 0
28 25 30 27 25 29 26 26 30 7 14 21 28 25 30 27 25 29 26 26 30 7 14 21
AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY AUG SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021

* Cumulative amount
 APPENDIX: PRIHATIN ACHIEVEMENTS

OBJECTIVE 3: STIMULATING THE ECONOMY

13. Support for the Agriculture Financing worth RM400 million has been allocated for farmers and
and Food Industry fishermen. Under this scheme, RM350 million is an allocation under
the Agrobank Microcredit Financing Scheme. As of 21 May, a total of
RM151.02 million has been disbursed under this scheme to benefit 12,644
agricultural micro-SMEs. Food security was emphasised in PENJANA Plan
and Budget 2021.

Amount disbursed* Total recipients

(RM million)

200 15,000

12,644
recipients
RM151.02
Million 12,000
150

9,000

100

6,000

50
3,000

0 0
11 25 30 27 25 29 26 26 30 7 14 21 11 25 30 27 25 29 26 26 30 7 14 21
SEPT SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY SEPT SEPT OCT NOV DEC JAN FEB MAR APRIL MAY MAY MAY
2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021 2020 2020 2020 2020 2020 2021 2021 2021 2021 2021 2021 2021