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Prihatin special grant may not seem like much but makes a big impact 04 Apr 2021 / 10:16 H. Bernama KUALA LUMPUR: The assistance provided through the Prihatin Special Grant or Geran Khas Prihatin (GKP) showcases the government’s concern towards micro small and medium enterprises (MSMEs) that are the bedrock of the country’s economy. GKP, which is aimed at helping MSMEs that are affected by Covid-19 pandemic, was introduced during the first round of the Movement Control Order (MCO) last year; and to date, the grants have helped 900,000 MSMEs with a total allocation of RM3.58 billion. The aid is expected to alleviate the financial burden among the small businesses, especially in areas relating to working capital such as restocking of the inventory, purchasing raw materials and boosting cash reserves.

Kuala lumpurMegatd shahriman zaharudinMohd afzanizam abdul rashidMohammad tawfik yaakubGeran khas prihatinKim lengSunway universityMovement control orderBank islam malaysia bhdNational entrepreneur foundationUniversity of malaya faculty economicsStrategic programme to empower the peoplePrihatin special grantPrihatin rakyat economic stimulus packageMalaysian economicProtection assistance package