Govt to set up Shared Prosperity Action Council: PM
Published on: Wednesday, September 30, 2020
By: Bernama
Kuala Lumpur: The Government will set up the Shared Prosperity Action Council (MTKB) which will act as a top-level monitoring mechanism so that the objectives of the Shared Prosperity Vision 2030 (WKB2030) can be achieved.Prime Minister Tan Sri Muhyiddin Yassin (pic) said WKB2030 is a core policy in country’s development for the next 10 years, and therefore such as a council must be established so that there is direct positive impact on the people and the country.
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“I will chair MTKB, and the Shared Prosperity Delivery Unit (Sepadu) will act as the council secretariat and the committees under it.
“Sepadu was established in March to lead the coordination and monitoring functions of the programme’s implementation, initiatives and also projects under WKB2030,” he said at the MakmurBersama @ Kuala Lumpur Town Hall session organised by Institusi Masa Depan Malaysia (Institut Masa) here today.
Also present were Senior Education Minister Dr Radzi Jidin and Communications and Multimedia Minister Datuk Saifuddin Abdullah.
He said to ensure that the objectives set in WKB 2030 are achieved, each party involved in the implementation of programmes, projects and initiatives will also be given Key Performance Indicators (KPIs) and targets according to the 15 Key Economic Growth Activities (KEGAs) cluster.
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At the same time, Muhyiddin, who is also the founder of the Masa Institute, said the government was aware that the Covid-19 pandemic had affected several strategic thrusts of WKB 2030 apart from causing many economic sectors in the country to be affected.
“Our economic sectors are affected and are currently in the process of recovery. I feel that the implementation of initiatives under WKB 2030 as determined in its early stages of being formulated may need to be re-examined taking into account the effects of the Covid-19 pandemic,” he said.
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The prime minister said the problem was now being actively addressed through the initiative of the Prihatin Rakyat Economic Stimulus Packages (Prihatin) and the National Economic Regeneration Plan (Penjana).
Muhyiddin said for example, Thrust 1 and 2 of WKB 2030, namely business and industrial ecosystems as well as key economic growth activities, the government, through Prihatin special grants (Micro SMEs) channelled financial assistance on a one-off basis specifically to alleviate the financial burden of businesses affected by the Covid-19 pandemic.
The prime minister also reassured the people that under WKB2030, no one will be left behind.Stay up-to-date by following Daily Express’s Telegram channel.
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