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The MADANI Government has implemented reforms across three pillars—Good Governance, Raising the Ceiling competitiveness, and Raising the Floor living standards—since taking office three and a half years ago, according to the Ministry of Finance's pre-budget statement.
The Malaysian government has commenced Phase 3 disbursement of Sumbangan Tunai Rahmah (STR) cash assistance to 5.3 million recipients, allocating RM1.2 billion as part of expanded welfare reforms targeting cost-of-living relief.
Singapore will distribute S$400–S$600 to over 2.4 million adults from September as part of a broader cost-of-living support package worth nearly S$1 billion, targeting households most affected by inflation.
Malaysia's SARA cashless assistance programme has achieved a 99% utilisation rate among nearly nine million monthly recipients, with spending totalling RM3.45 billion year-to-date, the Ministry of Finance has confirmed.