PETALING JAYA: The government has approved wage subsidy applications worth over RM15.7bil under the various wage subsidy programmes.

Under Wage Subsidy Programme 1.0 (PSU 1.0) up to Sept 3, 2021, a total of RM12.936bil had been approved, benefitting 322,177 employers and 2.64 million workers, according to Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

For PSU 2.0, up to Sept 3, a total of RM1.373bil had been distributed to 79,703 employers for them to continue operating, sustaining 701,161 jobs.

Under PSU 3.0, up to Aug 29, a sum of RM1.051bil had been distributed to 70,676 employers, helping to keep the jobs of 697,872 workers.

“For PSU 4.0, a total of RM382.37mil had been distributed to 58,988 employers, helping them to sustain operations and keep 637,107 jobs up to Aug 29,” the Finance Minister said in the 68th Laksana report released yesterday.

For the technical and digital support of small and medium enterprises and mid-level companies, Tengku Zafrul said a sum of RM82.9mil had been distributed to 13,884 businesses in the form of grants and loans for the digitalisation of subscriber services up to Sept 3.

Meanwhile, he added that the tabling of the 12th Malaysia Plan at the end of this month and Budget 2022 at the end of October will provide a clearer picture of the government’s policy direction. These will pave the way for socio-economic recovery, growth and restructuring in the short, medium and long term.