B40 GROUP SEEN AS ‘TOO POOR’ FOR LOAN

SHAH ALAM: Selangor’s move to raise the poverty guidelines to RM1,500 has made it hard for B40 groups (bottom 40% of income) to get bank loans. Datuk Mat Nadzari Ahmad Dahlan (BN-Batang Kali) said the poverty guidelines made out the B40 group to be poor and thus not eligible to apply for bank loans. In reply, State Exco for Poverty, Caring Government and Plantation Workers V. Ganabatirau said the poverty guidelines allow those earning RM1,500 monthly to benefit from the Selangor People’s Economy programme. – Bernama