KUALA LUMPUR (May 4): The second phase of Bantuan Prihatin Rakyat (BPR) payments involving an allocation of RM2.75 billion will be made in stages starting this Friday. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the payment would benefit 8.4 million recipients comprising 3.6 million households, one million senior citizens and 3.8 million single individuals. Tengku Zafrul said the phase one payment to the same recipients had been made from Feb 24 and April 1, involving an allocation of RM1.93 billion. Tengku Zafrul said those whose applications were rejected can submit an appeal with relevant document to the Inland Revenue Board from May 15 to June 30. As of May 2021, direct assistance given by the government to the B40 group through Bantuan Prihatin Nasional (BPN) 2.0 and BPR phase one and two, amounting to RM6.59 billion.
Source: The Edge Markets May 04, 2021 09:56 UTC