Geran Khas Prihatin 4.0 section two cost to be disbursed from Nov 23

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KUALA LUMPUR: The federal government’s dedication to assist micro, small and medium enterprises (MSMEs) continues with the cost of the Geran Khas Prihatin (GKP) 4.0 section two beneath the Nationwide Individuals’s Effectively-Being and Financial Restoration Package deal (PEMULIH) of RM500, which might be disbursed starting Nov 23.

Prime Minister Datuk Seri Ismail Sabri Yaakob stated the cost was an extension of the section one cost of RM500 made in September and would profit multiple million eligible MSMEs.

“In whole, every dealer concerned will obtain a cost of RM1,000 beneath GKP 4.0 to ease their monetary burden because of the COVID-19 pandemic.

“This initiative will contain current recipients of GKP 1.0, GKP 2.0, GKP 3.0 and new recipients of GKP 4.0 with a monetary implication of RM500 million,” he stated in an announcement right here at this time.

He stated the cost could be credited on to the checking account registered within the GKP system and the GKP 4.0 approval standing might be checked from Nov 22 by way of the GKP Portal at https://gkp.hasil.gov.my.

The Prime Minister stated the overall allocation that had been and could be disbursed to multiple million MSMEs beneath the GKP since COVID-19 hit the nation was RM6.08 billion.

“The federal government hopes that continued money help to those eligible MSMEs will help money circulation in addition to mobilise and revive their companies which had been essentially the most affected sectors in the course of the COVID-19 pandemic,” he stated. – Bernama



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