Shared prosperity for people’s economic benefits | Malay Mail

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Shared prosperity for people’s economic benefits

The ‘Shared Prosperity’ outlined by Prime Minister Tun Dr Mahathir Mohamad recently in conjunction with Pakatan Harapan ’s first anniversary in power, is the government’s latest endeavour to generate more economic benefits for all races to enjoy. — Picture by Miera Zulyana

“This means, as conveyed by the prime minister, that the government is not only concerned with the country’s gross domestic product growth but more importantly, on how it could lavish on the people, the benefits derived from a good economy. “To achieve this goal, the government outlines at least seven strategic thrusts needed, among others, restructuring and improving the business ecosystem; generating new growth sectors; enhancing talent reformation and national resources; and improving labour market and employee income.”

Sharing similar views, Universiti Putra Malaysia Dr Syed Agil Alsagoff looks at the endeavour in the context of increasing domestic trade to help vitalise the country’s economy.

 

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