Malaysia to Review B40, M40, T20 Classifications

Saifuddin Abdullah says reassessing household income categories is a key focus of the proposed national consensus.

Malaysia to Review B40, M40, T20 Classifications

Image: freemalaysiatoday.com

Indera Mahkota MP Saifuddin Abdullah stated that the reassessment of Malaysia's B40, M40, and T20 household income classifications is among the key focuses of the second pillar of the proposed national consensus, known as shared prosperity. The consensus was proposed by Larut MP Hamzah Zainudin.

Speaking on May 15, 2026, Saifuddin emphasized that the review aims to ensure equitable prosperity in Malaysia. The current classifications, based on the Department of Statistics Malaysia's Household Income and Basic Amenities Survey, have been in use for several years and may not reflect current economic realities.

The proposed national consensus includes several pillars, with shared prosperity focusing on economic equity. Saifuddin noted that the reassessment would help target government assistance more effectively and address income disparities.

No specific timeline for the review has been announced, but the matter is expected to be discussed in upcoming parliamentary sessions. The government has not yet officially confirmed the review.

❓ Frequently Asked Questions

What are the B40, M40, and T20 classifications in Malaysia?

They are household income categories used by the Malaysian government: B40 (bottom 40%), M40 (middle 40%), and T20 (top 20%), based on monthly household income.

Why is Malaysia reviewing these classifications?

The review aims to ensure they reflect current economic realities and to better target government assistance for equitable prosperity.

Who proposed the national consensus?

The national consensus was proposed by Larut MP Hamzah Zainudin.

📰 Source:
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