Most Read
Most Commented
Read more like this
mk-logo
News
Putrajaya mulls BR1M increase amid climbing fuel prices

PARLIAMENT | Putrajaya is considering an increase in the 1Malaysia People’s Aid (BR1M) due to climbing fuel prices, according to Second Finance Minister Johari Abdul Ghani.

This will be made possible as the government will see a revenue increase with rising global fuel prices.

"Every increase of US$1 per barrel of the fuel price will benefit the government as its revenue will increase approximately RM300 million," he told Dewan Rakyat during the winding up of 2018 Budget debate.

However, Johari did not elaborate on whether the government will increase the amount of the cash handout or the number of recipients.

Unlocking Article
Unlocking Article
View Comments
ADS