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Containing the rising cost of living.
In July 2011, a seventh National Key Results Area (NKRA) - Addressing the Rising Cost of Living (otherwise known as the COL NKRA) - was introduced to aid Malaysians in coping with rising living costs.
It is heartening to note that just under the first year of its inception, the COL NKRA has achieved significant success. In December 2011, the Bantuan Rakyat 1Malaysia (BR1M) financial aid - a one-off financial aid of RM500 for households earning RM3,000 and below - was unveiled.
The distribution of funds to households began in January 2012.
Beneficiaries received their RM500 in the form of cash or via BR1M vouchers. This mammoth task saw a large part of the government machinery springing into action to ensure each recipient received his or her RM500 stipend promptly.
By January 2012, millions across the country had come forward …
