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Cost of living allowance to be paid from August 15

Lim Guan Eng

Lim Guan Eng

Syndicated News
Written by Syndicated News

KUALA LUMPUR — August 3, 2018: The third installment of the Bantuan Sara Hidup allowance will be made from August 15 to almost 4.1 million recipients, amounting to RM1.6 billion.

The payment is intended to assist the people prepare for Aidil Adha which is expected to fall on August 22.

The payment will be credited directly to the accounts of recipients. For those recipients who do not have an account, the letter of approval will be posted to them, after which they can obtain cash from Bank Simpanan Nasional, Finance Minister Lim Guan Eng said in a statement today.

Queries can be addressed by calling the toll-free line of 1-800-88-2716 or by emailing [email protected]

Lim also said fuel subsidy amounting to RM3 billion up to the end of the year had been set aside to stabilise the prices of RON95 petrol and diesel at RM2.20 and RM2.18 per litre respectively, although world oil price had increased 42 per cent to US$74 a barrel. — Bernama

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