1AZAM Aid Recipients Must Undergo Financial Literacy Programme – Rohani
PADANG BESAR, May 27 (Bernama) — From this year, recipients of equipment under the 1AZAM aid programme for the low-income group are required to attend a financial literacy programme to teach them how to manage their finances soundly.
Women, Family and Community Development Minister Datuk Rohani Abdul Karim said the programme was conducted using the module of the Credit Counselling and Debt Management Agency.
“Besides that, the ministry has made it compulsory for the equipment recipients to undergo basic training on how to use and maintain the equipment to ensure they fully benefit from the assistance provided.”
Rohani said this after the handing-over of equipment to Perlis recipients under the 1AZAM programme in Kampung Baru Sungai Serai, near here, today.
She said the 1AZAM programme, which was aimed at uplifting the socio-economy of the low-income group, was proof of the government’s commitment to its promises made to the people.
The government would continue with this programme as it had been effective, especially for the AZAM Niaga programme that was aimed at making the low-income group self-reliant, she added.
The minister said for the January 2011-December 2012 period, 106,947 people had participated in the 1AZAM programme involving an allocation of RM1.2 billion. Out of this number, 1,416 of them are from Perlis with an allocation of RM11 million received.
Rohani was happy to note that 71,079 if the recipients throughout the country were able to raise their income by at least RM300 per month.
Earlier, Menteri Besar Azlan Man handed out basic equipment worth RM750,000 to 150 residents for them to start a business.
In conjunction with the handing-over ceremony, various activities were held including an exhibition put up by the departments and agencies under the ministry.