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#Budget2021 Get RM50 eWallet Credit Free If You Fit This Age Range

#Budget2021 Get RM50 eWallet Credit Free If You Fit This Age Range

by Aiman MaulanaNovember 10, 2020
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#Budget2021 Get RM50 eWallet Credit Free If You Fit This Age Range 22

As part of the recent Budget 2021 announcement, the government will be giving out RM50 eWallet credit to the people. However, this will only include the ones within a certain age range.

#Budget2021 Get RM50 eWallet Credit Free If You’re Between 18 to 20

#Budget2021 Get RM50 eWallet Credit Free If You Fit This Age Range

Picture credits: Bloomberg

The government of Malaysia will be giving a one-off payment of RM50 eWallet credit to those between the ages of 18 to 20 via their eBelia programme. This initiative, which will cost roughly RM75 million, is said to benefit over 1.5 million youths in the country.

Youths play an important role as pioneers and users in adapting to the latest technologies. Towards culturising cashless financial transactions, the government through its eBelia programme will credit a one-off RM50 payment into the e-wallet accounts of those aged between 18 and 20.

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz

Apart from that, there is an RM1,000 monthly incentive for private sector employers up to 3 months for every fresh graduate that participates in the apprenticeship programme. Moreover, employers can claim a grant of up to RM4,000 for training programmes for the apprentices. This will encourage youth employment within the workforce.

In other related news, the government will be allocating RM15 million for Esports development. As for how the funds will be utilized, that is still uncertain but we will report more on this as soon as information becomes available so stay tuned.


Pokdepinion: Well, I’m too old for this but if you or your family members fit the age range, let them know about it.

About The Author
Aiman Maulana
Jack of all trades, master of none, but oftentimes better than a master of one. YouTuber, video editor, tech head, and a wizard of gaming. What's up? :)