Budget 2024: Initiatives will speed job growth, widen social net

KUALA LUMPUR: The Social Security Organisation (Perkeso) described the six initiatives in the 2024 Budget to be implemented by the agency as a reflect...

: The Social Security Organisation described the six initiatives in the 2024 Budget to be implemented by the agency as a reflection of the government’s determination to catalyse the growth of new jobs, thus unravelling the gaps in the social protection net.

“Emphasis on skills improvement initiatives can equip workers in the informal and formal sectors to venture into new career opportunities. This network of employability is expected to exist in line with the economic transition to digitisation, renewable energy and green jobs,” he said in a statement today.

Touching on the component of strengthening the social protection network, Mohammed Azman said the government’s current emphasis is on the care economy sector and the self-employed, especially gig industry workers. Mohammed Azman in the same statement said more housewives in low-income and hardcore poor families could be protected through a 150 per cent increase in the allocation for the Housewives Social Security Scheme to RM50 million.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

theSundaily /  🏆 25. in MY

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Budget 2024: RM200mil allocation will enable new Socso initiativesPETALING JAYA: Indonesian Jeffer Rosobin has been appointed as the Badminton Association of Malaysia's (BAM) new head of the junior department, replacing Datuk Misbun Sidek.
Read more »

Budget 2024 initiatives will drive Johor’s economic growth, development furtherJOHOR BAHRU: The initiatives and plans announced for Johor through the 2024 Budget presented by Prime Minister Datuk Seri Anwar Ibrahim will continue ...
Read more »

Budget 2024: Malaysian Muslim League urges govt to create mechanism to monitor initiatives for MSMEsGEORGE TOWN, Oct 14 — The Malaysian Muslim League has proposed the creation of mechanisms to control and monitor the initiatives under Budget 2024 for micro, small and medium...
Read more »

[TINJAUAN EKONOMI/FISKAL 2024] Belanjawan 2024 berjumlah RM393.8 bilionsebanyak RM303.8 bilion (77.1%) disalurkan kepada perbelanjaan mengurus (OE) manakala baki RM90 bilion untuk perbelanjaan pembangunan (DE).
Read more »

[TINJAUAN EKONOMI/FISKAL 2024] Hasil bukan cukai dijangka turun 13.8 peratus pada 2024Petronas dijangka bayar dividen berjumlah RM32 bilion kepada kerajaan bagi 2024 berbanding RM40 bilion bagi 2023 dan RM50 bilion pada 2022.
Read more »

[TINJAUAN EKONOMI/FISKAL 2024] Kutipan SST 2024 dijangka berjumlah RM35.8 bilionKutipan cukai tidak langsung dijangka meningkat 4.7 peratus kepada RM58.6 bilion disumbangkan oleh kutipan lebih tinggi daripada SST.
Read more »