Govt’s e-tunai rakyat key step towards digital economy, says Gobind


Communications and Multimedia Minister Gobind Singh Deo is a keen exponent of e-wallets, saying in the long-term they are essential to help the country achieve its growth potential. – The Malaysian Insight file pic, January 19, 2020.

THE e-tunai rakyat programme has received positive response from the people since its launch on Wednesday, said Communications and Multimedia Minister Gobind Singh Deo.

According to the minister, the cash incentive – made through the e-wallet platforms Boost, GrabPay and Touch ‘n Go eWallet – was a positive and important step towards increasing the people’s purchasing power to stimulate spending and boost economic growth.

“It is also an initiative to promote digital culture and the transition towards a cashless society,” he said.

Gobind said the initiative also helped to accelerate the use of e-wallet, especially small and medium-sized enterprises and retail business.

He said they were also essential to achieve the country’s growth potential, emphasising the importance of a sustainable and vibrant digital economy to attract better quality investments and generate high value jobs to bridge the income gap.

An estimated 15 million Malaysians are eligible for the RM30 government grant from any of the three e-wallet operators from January 15 to March 14.

Under the programme, Malaysians aged 18 years and above and earning less than RM100,000 a year, are eligible to receive RM30 in e-credit through any of the e-wallet applications.

Gobind said the initiative was one of the projects under the RM50.3 billion five-year government funded programme to transform Malaysia into an entrepreneurial nation through the development of a digital economy. – Bernama, January 19, 2020.


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