Mca Leader Wants Selangor To Dip Into Rm2 56b Reserves To Help People

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The Selangor government has been urged to dip into the state's RM2.56 billion reserves to alleviate the people’s hardship under the Covid 19 pandemic.
In a statement yesterday, MCA central committee member Lau Chin Kok proposed that the state government fork out RM1,000 in cash assistance to each hawker.
He also wants a monthly cash aid of RM300 to be provided to every unemployed individual in Selangor for a period of three months.
"An interest-free loan programme totalling RM500 million for SMEs (small and medium enterprises) in Selangor should be set up," Lau said, in addition to a 50 percent wage subsidy to SMEs for three months.
He also called for special financial assistance to be given to the entertainment and tourism sectors.
Lau said the Pakatan Harapan-led Selangor government should assist businesses hit hard by the Covid-19 pandemic as some of them are not allowed to operate.
"Despite Selangor recording the highest number of Covid-19 cases, the state government does not have enough determination, nor courage, to combat the outbreak with strong policies.
"The state government should leverage on its own resources and strategies to introduce more support facilities and policies to assist the rakyat and various industries.
"Selangor’s financial performance remains largely healthy. However, the people and the various industries are in dire straits and urgently need government aid. 
"The state government should disburse a certain portion of its reserves to help the rakyat," Lau said.
In March 2020, Selangor announced the first phase of the economic stimulus package amounting to RM272.5 million to address the impact of the outbreak.
In July 2020, it allocated RM413.9 million through the Prihatin Economic Stimulus Package.
Early this year, the state government rolled out an RM73.877 million under the "Kita Selangor" (We are Selangor) package to ease the burden faced by the people.  - Mkini

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