PADU database to be formally launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend occasion


PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend event

The federal government will roll out the Pangkalan Information Utama (PADU) socio-economic database on January 2, 2024, with prime minister Datuk Seri Anwar Ibrahim set to formally launch the database on the Putrajaya Worldwide Conference Centre (PICC) on the day.

In an X (Twitter) submit, financial system minister Rafizi Ramli invited the general public to attend the launch occasion to listen to for themselves how PADU shall be a key element of the retargeting of subsidies and authorities help. Those that wish to attend the launch occasion can register right here. The occasion will even be broadcast by way of social media platforms from 10 am on the day.

To recap, PADU is an built-in nationwide socio-economic database combining all accessible information from authorities departments and businesses, with family web disposable earnings metrics getting used to supply a good image of the socio-economic place of each Malaysian family.

PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend event

As reiterated in his X submit, Rafizi stated PADU was a vital element in permitting the federal government to maneuver from the B40-M40-T20 method in assessing the eligibility of help recipients to a extra focused and truthful willpower of who ought to be capable to obtain help and those that mustn’t.

The institution of PADU paves the best way for the focused subsidy of RON 95 petrol, which is about to occur within the second half of 2024. As beforehand reported, there are three mechanisms doubtless for use to implement the focused subsidies for petrol and diesel. The primary shall be primarily based on particular person web disposable earnings, which is the quantity remaining after taxes.

The second mechanism shall be primarily based on web disposable family earnings by social safety or help schemes, whereas the third is a mixture of family and particular person earnings, which shall be applied by a subsidies card.

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