KUALA LUMPUR, Oct 20 ― The government is always finding for ways to raise the income of the people, especially the lower and middle income groups in line with efforts to make Malaysia a high income nation.
Prime Minister Datuk Seri Najib Razak said the efforts of the government began to see results when the income of those in the B40 low income group and M40 middle income group increased significantly.
"In fact, the poverty rate continues to decline,” said Najib in his latest posting in NajibRazak.com blog pertaining to the income of the people.
The B40 group refers to households with monthly income of below RM3,860 while M40 is households with monthly income of RM3,860 to RM8,319.
Najib said according to EPU or the Economic Planning Unit, the average income per household of the B40 group increased by 76 per cent in 2014 since 2009 while for the M40 group, the average income per household rose nearly 60 per cent during the same period. ― Bernama
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