#Budget2024: Rebate On Electricity Bill Up To RM40 A Month For Hardcore Poor Families
The rebate will benefit 142,000 households.
By May Vin Ang — 13 Oct 2023, 05:04 PM
The government has agreed to continue providing electricity bill rebates of up to RM40 per month to hardcore poor households with an allocation of RM55 million
During the tabling of Budget 2024 today, 13 October, Prime Minister Datuk Seri Anwar Ibrahim said this rebate will benefit 142,000 households.
Anwar, who is also the Finance Minister, added that previously providing bulk subsidies for electricity had mostly benefited the rich.
Therefore, starting this year, the government implemented targeted subsidies. This targeted approach has saved more than RM4.6 billion from the projected RM20 billion allocation of these subsidies.
