STR Phase 3 Payments to Reach 8.6 Million Recipients, Says PM Anwar

Kuala lumpur: The government will begin disbursing payments for the Phase Three Rahmah Cash Contribution (STR) starting tomorrow, allocating RM2 billion to ease the cost of living for low-income households under the MADANI government's initiative. Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim announced that 8.6 million recipients will receive up to RM650 each through STR Phase Three, marking an increase of 300,000 recipients compared to the 8.3 million beneficiaries in Phase One last January.

According to BERNAMA News Agency, the increase in recipients reflects the government's decision to open new applications and appeals throughout the year to ensure aid reaches all eligible individuals. Anwar emphasized that the year-round application and appeal process demonstrates the MADANI government's commitment to improving the welfare of the majority, ensuring no one is left behind in benefiting from the nation's wealth.

Anwar articulated that more than just providing cash assistance, STR empowers recipients to achieve financial independence. This initiative aligns with the vision of achieving equality as envisioned in the MADANI Economy. He mentioned that Phase Three payments will be made to existing and newly registered recipients in the STR database, either through direct bank account credits or cash disbursements via Bank Simpanan Nasional, in stages according to their eligibility categories.

Meanwhile, the Ministry of Finance has stated that applicants whose names are not found in the STR database must submit an application to allow verification of their eligibility for the aid.