What is the financial relief offered to Negri Sembilan traders?

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Negri Sembilan Traders to Receive Two Months of Stall Rental Exemption

The Negri Sembilan state government will offer a two-month exemption on stall rentals, commencing in January, to alleviate financial pressures on traders within the state. This initiative is specifically designed to assist traders impacted by the Covid-19 pandemic. The exemption is projected to benefit 4,165 traders across seven local government areas, with a total allocated sum approaching RM1 million.
Rental Exemption Details

The state government has formally agreed to waive stall rental fees for a period of two months. This measure begins in January and aims to provide direct financial relief to small business owners. The decision was announced by the Mentri Besar, Datuk Seri Aminuddin Harun, following a state Executive Council meeting.
Beneficiaries and Scope

A total of 4,165 traders are expected to benefit from this rental exemption. These traders operate within the jurisdiction of seven different local government areas in Negri Sembilan. The comprehensive nature of the exemption underscores the state's commitment to supporting its local commerce sector during challenging economic times.
Financial Allocation

The financial commitment for this relief package is substantial, amounting to almost RM1 million. This allocation demonstrates the scale of the government's support and its recognition of the widespread financial strain experienced by traders due to the ongoing pandemic. The funds are earmarked to cover the rental costs for the stipulated two-month period.
Pandemic Impact Mitigation

This rental exemption is a direct response to the economic hardships imposed by the Covid-19 pandemic. By reducing overhead costs for traders, the state government hopes to help businesses sustain their operations and navigate the difficulties arising from the pandemic's impact on trade and commerce.

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What is the financial relief offered to Negri Sembilan traders?

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