Measures to ease M40 burden among Budget 2027 priorities
PUTRAJAYA: Measures to ease the financial burden on the middle-income group (M40) are among the priorities being considered for Budget 2027, says Prime Minister Datuk Seri Anwar Ibrahim.
PUTERAJAYA: Prime Minister Datuk Seri Anwar Ibrahim and the Finance Ministry have identified easing financial burdens on the middle-income group (M40) as a key priority for the upcoming Budget 2027, according to a recent engagement session. The M40 remains a central focus for the Madani administration, with various relief measures introduced since 2023, such as reduced individual income tax rates and targeted payments.
These measures have benefited approximately 2.4 million taxpayers, providing up to RM1,300 in additional disposable income. The government is committed to assessing cost-of-living pressures and strengthening social protection, with Budget 2027 aiming to cushion living costs, expand social safety nets, and improve economic competitiveness.
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