Broad-based policy to revamp society to the core


Higher income target: Workers taking a group photo during the Labour Day celebration in Putrajaya. In pursuing a better standard of living for Malaysians, a key element will be to lift the wage to GDP levels of workers.

The pursuit of just the headline economic growth number will change in favour of an inclusive development plan aims to lead to a broader and more equitable distribution of income for Malaysians.

A broad-based policy called Shared Prosperity Vision, which is to be unveiled on Oct 5 and will see the government undertake a new development strategy through a 10-year plan starting from 2021 that aims to restructure Malaysian society at its core.

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revamp , society , policy , tax , reforms , shared , prosperity , diversification

   

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