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  • Financial Assistance Scheme of Government: TNB Consumption Electrical Rebate/programme

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    Imran Norsham
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    The government is providing several forms of financial assistance to address the economic impacts of COVID-19, including a RM622 million electrical rebate program, postponing MARA education and business loans by 3 months, and providing RM400 monthly allowances for frontline healthcare workers. The government is also regulating SOPs and opening economic sectors gradually to avoid business collapse while breaking the chain of COVID-19 transmission. Challenges include outdated databases, non-compliance with SOPs by some companies and sectors not receiving subsidies.

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    SLIDE WITHOUT IMRAN

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    The government is providing several forms of financial assistance to address the economic impacts of COVID-19, including a RM622 million electrical rebate program, postponing MARA education and business loans by 3 months, and providing RM400 monthly allowances for frontline healthcare workers. The government is also regulating SOPs and opening economic sectors gradually to avoid business collapse while breaking the chain of COVID-19 transmission. Challenges include outdated databases, non-compliance with SOPs by some companies and sectors not receiving subsidies.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    10 views6 pages

    Financial Assistance Scheme of Government: TNB Consumption Electrical Rebate/programme

    Uploaded by

    Imran Norsham
    The government is providing several forms of financial assistance to address the economic impacts of COVID-19, including a RM622 million electrical rebate program, postponing MARA education and business loans by 3 months, and providing RM400 monthly allowances for frontline healthcare workers. The government is also regulating SOPs and opening economic sectors gradually to avoid business collapse while breaking the chain of COVID-19 transmission. Challenges include outdated databases, non-compliance with SOPs by some companies and sectors not receiving subsidies.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    Financial assistance scheme of government

    TNB consumption Electrical Rebate/programme


    • The goverment give subsisdies of all eletrical consumption
    which equivalent RM622 million
    Postponement of MARA loan

    • Postponement of MARA education loans and business of


    3 months

    • Maximum of 30% Special discount for entrepreneur


    Special allowance for healtcare workers/ frontiners

    • RM400 monthy given for the doctors and frontliners to


    fight covid 19
    Government Action to save economy during
    Covid-19
    ACTION BENEFIT CHALLENGES
    • Regulated CMCO SOP of the red • To avoid company from • The database of individual
    zone district to work from home. collapse. and SME is not updated and
    • To open economic sector from • To ensure company still can tally.
    stage to stage - MITI. still operate even to break • Company avoiding
    • Subsidies to small company to the chain of Covid 19. Government SOP.
    avoid from real business loss. • Government have a plan for • Not all sector getting the
    economic recovery. subsidies.
    • Regulate SOP to all business to
    • Give assurance to citizen • Government plan of
    operate – various SOP for various
    that government play their economic ruined or
    type of business.
    role to protect from covid- abandon.
    19 and welfare as well.
    Special Survey of The Effects of Covid-19 on Economics
    and Individuals by
    Jabatan Perangkaan Malaysia
    • Financial Savings Period
    • Financial Readiness If Movement Control Order continued
    • Financial Impact in Facing the Movement Control Order Period
    • Effects of COVID-19 Transmission on Income
    • Effects of COVID-19 Transmission by Occupational Status
    • Changes on Daily Expenditure Patterns COVID-19 transmission
    Government Action to save economy
    during Covid-19
    ACTION BENEFIT CHALLENGES
    • The database of
    • Regulated CMCO SOP of the • To avoid company from
    individual and SME is not
    red zone district to work from collapse.
    • To ensure company still updated and tally.
    home.
    • Company avoiding
    • To open economic sector from can still operate even to
    Government SOP.
    stage to stage - MITI. break the chain of Covid
    • Not all sector getting the
    • Subsidies to small company to 19.
    • Government have a plan subsidies.
    avoid from real business loss. • Government plan of
    for economic recovery.
    • Regulate SOP to all business to economic ruined or
    • Give assurance to citizen
    operate – various SOP for abandon.
    that government play their
    various type of business.
    role to protect from covid
    and welfare as well.

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