The government should be regarded more as a facilitator for all stakeholders of the nation’s economy to make the Shared Prosperity Vision 2030 a success, said Institut Masa Depan Malaysia chief executive officer Nizam Mahshar.“Under SPV 2030, the country’s leadership can put things in the right direction. We have identified key economic growth activities. These are the areas moving forward in the economy and potential growth areas for the country.
“By aligning policies with trying to get investments in the right rural spaces, SMEs and private companies can then be incentivised to move out of traditional or conventional spaces to these new key growth activities, ” he added. “In 2014, the bottom 70% of our people trade off expenses on other things when they are faced with having to pay for a sudden expense such as a punctured tyre.
“If we see the school-to-work statistics, we will see that most people work in places that are not on par with their qualifications. The job market is not creating professions which are needed. Graduates are working as cashiers and so forth.
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