PUTRAJAYA (Jan 20): The first phase payment of RM300 under Bantuan Sara Hidup (BSH) 2020 will be credited into the bank accounts of registered recipients between Monday and Wednesday (Jan 22), said Finance Minister Lim Guan Eng.

The payment will benefit almost 3.8 million recipients and involve a sum of more than RM1 billion, he said in a statement on Monday.

To ensure that BSH 2020 is received by all eligible, the programme will be open for registration and updating of particulars between Feb 1 and March 15, he added.