PETALING JAYA: Lim Guan Eng (pic) announced that the next BR1M payout will be distributed in June before the Hari Raya Aidilfitri holidays and added that the cash aid scheme would be renamed.

The Finance Minister tweeted on Saturday (May 26) that the cash aid will be distributed soon as ordered by Prime Minister Tun Dr Mahathir Mohamad, with more details to be announced next week.

Sepertimana yg diarahkan oleh Tun @chedetofficial BR1M (yg akan diberikan nama lain) akan dibayar pada bulan Jun sebelum Hari Raya Aidilfitri.Maklumat lanjut akan diumumkan pada minggu depan. — Lim Guan Eng (@guanenglim) May 26, 2018

He also said that BR1M, an acronym for Bantuan Rakyat 1 Malaysia or 1Malaysia People's Aid, would be renamed.

BR1M is a cash aid scheme implemented by the Government during former premier Datuk Seri Najib Tun Razak's administration.