PETALING JAYA: The National Recovery Plan announced by the government recently should be more specific on how we are to start our economic recovery, a.
Short-term measures should be immediate priority in recovery plan, say experts thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
M40 group in ‘can’t get by, can’t get aid’ dilemma -Pix for representational purpose only.
PETALING JAYA: Being in the M40 group (40% of the population considered to be
middle-income earners) can be a curse.
They are not rich, like those in the T20 category (20% in the top income bracket), but they are not near destitute like the B40 group (40% who are the poorest) and therefore, do not qualify for financial aid from the government.
Malaysians near the lower end of the M40 category are the worst hit by the economic fallout caused by Covid-19, perhaps even worse than those in the B40, because they are largely ignored.