The November GKP4.0 subsidies is expected to be issued next week!
The Geran Khas Prihatin (GKP4.0) is a government assistance program designed to subsidize micro-enterprises and small and medium-sized enterprises affected by the epidemic to help them through difficult times. Under the GKP4.0 plan, beneficiaries will receive RM1,000, which means RM500 in September and RM500 in November.
The first phase of GKP4.0 has been released from September 21st, and the second phase will be released in November! If you received the first phase of GKP4.0 on September 21, then you can receive the second phase of GKP4.0 in November. The government has not announced the date for the release in November yet, and it is expected to be released next week.
GKP 4.0 will benefit 1 million SMEs and micro-enterprises, and the amount involved is RM500 million.
In the 2022 Budget, the government did not announce the extension or launch of the GKP5.0 plan. It is believed that this is after the economic activities resumed. The government only provides financing facilities for enterprises and extends the time limit for paying income tax. The government no longer assists micro-enterprises.
