Skip to main content
3 States Roll Out Aid Amid Middle East Crisis

Several states have announced measures to help their people deal with the economic impact of the Middle East crisis.  

In Selangor, the Menteri Besar announced a RM130 million economic package that aims to improve food security, reduce the cost of living, and boost the use of public transport.

At the same time, the package also offers targeted assistance to the needy.

Datuk Seri Amirudin Shari says among other things, RM50 million has been allocated to set up a warehouse system that will stockpile essential foods.

It aims to keep prices under control despite inflationary pressures.

The state government will also give out RM100 “Kita Selangor” monthly vouchers to 50,000 eligible recipients over a six-month period.

Meanwhile, Selangor also announced a free breakfast programme for all schools in the state, starting in August.

Besides this, the state govt will also provide RM30 monthly public transport incentives to 50,000 residents.  

--

Sarawak has announced an RM870 million financial aid package that includes higher cash aid for low and middle-income groups.  

The state Premier also announced a 25% electricity discount for domestic users, while small traders will enjoy a 50% rental discount on markets and stalls owned by local authorities and selected state bodies.

--

Also, Terengganu has announced a 12‑month moratorium on loan repayments under its Agricultural Capital Loan Scheme.

The move is aimed at helping Terengganu's farmers, livestock breeders, and fishermen cope with higher fuel prices.  

--

And speaking of the Middle East crisis, Japan has pledged $10b to its Asian neighbours, especially Southeast Asian countries, to help secure energy including crude oil. 

Tokyo says the aid is equivalent to around a year's worth of ASEAN’s crude oil imports.

Meanwhile at last look, Brent crude was hovering at around $96 a barrel, which is 37% higher than before the start of the conflict.  
 

HITZ Malaysia's #1 Hit Station