Desperate Means to Keep B40 Malaysians Afloat in 2021
By Ong Wooi Leng, Yeong Pey Jung
January 2021PENANG ECONOMIC INDICATOR
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LIVELIHOOD AND INCOME have been severely affected by the Covid-19 pandemic, with workers and employees experiencing reduced hours or worse, lay-offs and retrenchment. The more susceptible are those in the informal sector, whose income are either reduced or non-existent, especially during periods of lockdown. Responding to the distress, Budget 2021 has increased the rate of financial assistance, particularly for B40 households and families with children. Disabled persons and workers, as well as the elderly folk and caregivers for the disabled...
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heads the Socioeconomics and Statistics Programme at Penang Institute. Her work lies in labour market analysis and socio-economic development.
Yeong Pey Jung
is a senior analyst with the Socioeconomics and Statistics Programme at Penang Institute. She is a reading enthusiast and is surgically attached to her Kindle.