One of the biggest challenges faced by Malaysian youths today is coping with the rising cost of living. Here’s a quick overview of the initiatives to help those eligible get an idea of the benefits offered.
Youths are the future of our nation, and as such, the Government has committed to helping them realise their potential. One of the biggest challenges faced by Malaysian youths today is coping with the rising cost of living. To lessen their burden, the Government launched various initiatives under Belanjawan 2023 to provide relief, especially for the more vulnerable ones.
As such, the Government will also cover the cost of the driving tests for class B2 motorcycle licences for B40 youths, as well as licences for taxis, buses, and e-hailing for gig workers.To give youths a second chance to contribute back to the nation’s economy, the Government will be amending the Insolvency Act 1967 to allow for bankruptcy cases to be automatically discharged quickly.
The operations of TVET institutions like community colleges, industrial training institutes , and National Youth Skills Institutes will be partially or fully managed by these companies to provide training programmes that meet their needs.
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