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B40, M40 labels no longer relevant, says economist

As the country struggles with the Covid-19 pandemic, economist Prof Barjoyai Bardai said the government should not be using income classifications such as B40 and M40 (bottom 40 percent and middle 40 percent of income earners).

“As I said earlier, like B40, M40 is no longer relevant now.

“It should be based on each person's take-home income...

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