04 Feb 2021 . News
GKP 2.0 payout for micro SMEs that made appeals

KUALA LUMPUR: Some 52,000 micro small and medium enterprises (SMEs) that submitted appeals for the Prihatin Special Grant 2.0 (GKP 2.0) will receive payments totalling RM155mil on Feb 5, which will be credited directly into their registered bank accounts, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.(pic)

In a statement, he said the approval status could be checked via the GKP portal, https://gkp.hasil.gov.my.

To ensure that only eligible micro SMEs that meet the set conditions get the one-off aid of RM3,000, every application received by the Inland Revenue Board (IRB) was cross-checked and verified with data from relevant government agencies including the local authorities and Companies Commission of Malaysia, he said.

The GKP 2.0 appeal period was from Dec 7 to 21,2020.

GKP 1.0 and GKP 2.0 recipients, including those whose appeals were approved, comprise nearly 900,000 micro SMEs with financial assistance totalling RM2.7bil.

Prior to this, the government had announced a payout amounting to RM2.55bil for more than 850,000 micro SMEs under these two programmes.

Under the Prihatin Supplementary Initiative Package (Kita Prihatin) announced in September last year, the government reopened applications for GKP 2.0 for eligible micro SMEs which did not previously receive the aid.

Tengku Zafrul also noted that under Budget 2021, an additional GKP of RM1,000 was announced for traders and hawkers in Sabah involving a total allocation of RM50mil. This was expected to benefit 50,000 micro SMEs.



Source: The Star- 4 February 2021 (Thursday)