According to the Finance Ministry's 2016/2017 Economic Report, the Government disbursed the RM5.4 billion to 4.2 million households and 3.1 million single individuals. Besides BR1M, the Government also offered financial assistance to businessmen to raise the quality of life among B40 households. According to the ministry, as at end August, Tekun disbursed RM464 million to 36,462 Bumiputra entrepreneurs. Meanwhile, the 1Malaysia Hawkers and Petty Traders Foundation, which was established to help Chinese hawkers and petty traders, disbursed RM16 million. A total of 1,100 hawkers and petty traders gained from the disbursement.

Source: The Edge Markets October 21, 2016 08:15 UTC