Government to expedite the rollout of RM100 e-Tunai to 10 million Malaysians

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Previously, we reported on the new initiative by the Federal Government which would provide RM100 of e-Tunai or e-Wallet credits to Malaysians earning less than RM100000 annually. Now, the Ministry of Finance (MOF) has commented on the initiative, saying that it is ready to expedite the e-Tunai's rollout.

This is according to Deputy Finance Minister I Datuk Seri Ahmad Maslan, who lauded the initiative for further educating Malaysians on the digital economy. As reported by Berita Harian, Ahmad said that the e-Tunai rollout and similar initiatives in the past help our country to achieve a digital economy and move towards a ’cashless society’.

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The MOF Deputy Minister I also asserted that the latest information regarding the e-Tunai initiative would be announced from time to time. Ahmad added that while the RM100 figure seems small, the concepts of a digital economy and a cashless society are important in educating the people on the economy of the future. 

As of the time of writing, the timeframe and rollout method of the e-Tunai initiative are yet to be announced. When announcing it on Thursday (27 July), Prime Minister Datuk Seri Anwar Ibrahim, who is also the Finance Minister said that it would benefit approximately 10 million Malaysians from the B40 and M40 category, involving RM1 billion. 

So, what do you guys think of the e-Tunai initiative? Share your thoughts with us in the comments below and stay tuned to TechNave for more trending tech news such as this.