KUALA LUMPUR, Oct 11 (Bernama) – Budget 2027 addresses the pressures faced by urban households, including the squeezed middle and lower-income groups, through measures covering wages, housing, social protection and food affordability, according to the Southeast Asian Futures Initiative Centre (SEAFIC).
Business : Budget 2027 Addresses Urban Household Pressures -- SEAFIC
Budget 2027, reaction, SEAFIC, households, economy
Key takeaways
Budget 2027 targets urban household pressures with wage increases, housing support, and food affordability measures.
- Minimum wage to rise to RM2,000 for companies with revenue over RM50 million.
- Housing credit scheme guarantees RM20 billion in loans for 80,000 first-time buyers.
- SARA program allows purchase of fresh produce at FAMA markets.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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