Latest news with #DeputyFinanceMinister
Bloomberg
12-08-2025
- Business
- Bloomberg
Mexico Taps New Deputy Finance Chief as Economic Headwinds Mount
Mexico's president is preparing to nominate Maria del Carmen Bonilla as deputy finance minister after five months without anyone in the ministry's powerful No. 2 post, according to people familiar with the matter. Bonilla has led the ministry's public credit unit, where she designed government bond issuances, since 2021. As deputy finance chief, she would now be charged with helping chart the government's financial strategy.
Malay Mail
21-06-2025
- Business
- Malay Mail
Deputy finance minister: 4.8 million SARA recipients use MyKad to buy essentials at 3,700 outlets nationwide
GEORGE TOWN, June 21 — A total of 4.8 million out of 5.4 million recipients of the Sumbangan Asas Rahmah (SARA) aid have used their MyKad to purchase basic necessities at registered premises nationwide as of this month. Deputy Finance Minister Lim Hui Ying said Perlis recorded the highest usage rate at 94 per cent, followed by 93 per cent in Sabah and Kedah, while Penang recorded 88 per cent. She said the figures reflect the growing effectiveness of the initiative, supported by various awareness and promotional efforts at both federal and state levels. 'The ministry will continue to strengthen awareness campaigns to ensure more people benefit from this government aid, which is aimed at easing their financial burden. 'We have also significantly expanded the number of recipients from 700,000 to 5.4 million since April,' she told reporters during a SARA outreach programme at a hypermarket here today. At the event, Lim met with 100 SARA recipients in Penang as part of the ministry's effort to engage directly with urban communities. She said to date, 3,700 retail premises have registered under the programme nationwide, enabling recipients to shop closer to home. In Penang alone, 190 such premises are available. Lim added that starting May 1, the programme was enhanced by expanding the list of eligible items to 14 categories, including household and personal hygiene products, medicines, and school supplies like uniforms and shoes. She also said that the maximum SARA aid for 2025 has been raised to RM2,100 from RM1,200, a 75 per cent increase. In total, the combined allocation for the SARA and Rahmah Cash Aid (STR) programmes has been raised to RM13 billion this year, marking the highest cash aid provision in the country's history. — Bernama
