‘Covid-19 pushed M40, T20 households to lower income group’

PARLIAMENT | It is estimated about 20 percent of M40 households have been pushed to the B40 group, while 12.8 percent of T20 households have moved down to the M40 group due to Covid-19.

This is according to a simulation study undertaken by the Statistics Department of Malaysia (DOSM) in 2020 to examine the impact of the pandemic on household income.

Economy Minister Rafizi Ramli revealed this in a written parliamentary reply dated March 16...