ICYMI: PM Anwar Tables RM386b Budget 2023. Here Are The Highlights:

Recognising the benefits gained from direct cash grants, Finance Minister Tengku Zafrul Abdul Aziz, announced that Bantuan Keluarga Malaysia (BKM) will continue to be improved.

Among them, families with an income of less than RM2,500 are eligible to receive cash assistance with an amount depending on the size of the family.

- For households with 5 children or more, eligible to receive BKM of RM2,500

- For households with up to four children are eligible to receive BKM between RM1,000 and RM2,000. 

- For households with an income of RM2,500 to RM5,000, the BKM provided is between RM500 to RM1,250 depending on the number of children.

- For elderly people without a partner and singles, they will continue to receive BKM of RM600 and RM350 respectively depending on certain income limits

- The additional assistance of RM500 to single mothers or fathers with dependent children will continue.

"This means single mothers or fathers are eligible to receive a maximum assistance of up to RM3,000. This maximum BKM rate has increased compared to RM2,500 this year," Tengku Zafrul said.