Roughly 600,000 families went from M40 to B40 due to pandemic, says Tok Pa

By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN

Datuk Seri Mustapa Mohamed. - Bernama

PETALING JAYA: Approximately 600,000 families slipped from the M40 group to the B40 group due to losses in monthly income as a result of the Covid-19 pandemic, says Datuk Seri Mustapa Mohamed.

He said a Statistics Department study showed that the average monthly household income had decreased by 10.3% last year.

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Dewan Rakyat , Mustapa Mohamed , Statistics Department , M40 , B40 , Income Reduction , Covid-19 Pandemic , Hardcore Poverty , Budget 2022

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