The government has previously announced that it will give an e-cash credit of RM100 to all Malaysians over the age of 21, and earning RM100,000 a year and below.
In parallel, the government has now shared further, stating that it will be implemented in the fourth quarter of 2023. This means, it will be given to the public around October to December 2023.
For now, the government is working on further detailing this initiative together with stakeholders. The digital wallet that will be used and so on has not yet been announced, and is expected to be shared around the 4th quarter.
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BUSINESS & MONEY