the sun malaysia ipaper logo 150x150
Monday, February 2, 2026
24.7 C
Malaysia
the sun malaysia ipaper logo 150x150
spot_img

Monthly SARA aid reaches 5.6 million recipients with RM4.59 billion spent

Finance Minister II says 5.6 million people have used monthly SARA aid, with spending hitting RM4.59 billion and a 99% usage rate recorded

KUALA LUMPUR: An estimated 5.6 million recipients are eligible for the monthly SARA aid, with total annual entitlements reaching RM5 billion.

Finance Minister II Datuk Seri Amir Hamzah Azizan said that as of December 17, nearly 5.6 million recipients had used their MyKad to purchase basic goods at registered outlets.

This reflects a 99% usage rate, with total spending amounting to RM4.59 billion.

“For the one-off SARA Appreciation payment to over 22 million adult Malaysians, more than 20 million people have spent the funds,” he told the Dewan Negara.

He said this represents 92% of all recipients, with spending exceeding RM1.91 billion.

Amir Hamzah was responding to a question from Senator Mohd Hasbie Muda on long-term measures for targeted subsidies.

The minister stated that the SARA payment system’s capacity has been significantly improved to handle the surge in transactions.

“Based on current performance, the system can handle 7,000 transactions per minute compared with 2,700 transactions per minute previously,” he said.

He added that the system will reach 10,000 transactions per minute after upgrades at the end of 2025.

At present, the average transactions per minute is 1,000, taking into account system stability and purchases made by recipients.

Amir Hamzah said the government does not see any significant challenges in utilising the SARA aid, given the high usage rates.

“For monthly SARA expenditures, any remaining credit cannot be carried over to the next year,” he said in response to a supplementary question.

“However, since the usage level has exceeded 90%, this is not expected to cause any issues.” – Bernama

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related

spot_img

Latest

Visa Study Reveals Growing Adoption of Real-Time Payments in Southeast Asia, Underscoring Need for Stronger Security and Trust

SINGAPORE - Media OutReach Newswire - 2 February 2026 - Real-time payments (RTPs) are becoming an integral part of everyday transactions across Southeast Asia, according to a regional study written in partnership with the Global Finance & Technology Network (GFTN), Nextrade Group, and the Visa Economic Empowerment Institute (VEEI).

Most Viewed

Ring in Fortunate Beginnings with Joker Xue (Xue Zhiqian) at Madame Tussauds Singapore This Lunar New Year

SINGAPORE - Media OutReach Newswire - 2 February 2026 - This Lunar New Year, Madame Tussauds Singapore invites fans and visitors from around the world to celebrate the festive season with the renowned Chinese singer-songwriter Joker Xue (Xue Zhiqian) wax figure, along with a vibrant lineup of time-limited activities.
spot_img

Popular Categories