Anwar wants ministries, GLICS to assess effectiveness of PuTERA35 initiatives


KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has stressed that ministries and government-linked investment companies (GLICs) emphasise evaluating the effectiveness of high-impact initiatives under the Bumiputera Economic Transformation Plan 2035 (PuTERA35).

Chairing the first Bumiputera Economic Council (MEB) meeting of 2026 today, he said that ministries and GLICs must also ensure that the implementation of planned initiatives does not overlap and is complementary.

He said that in-depth, continuous analysis is crucial to avoid becoming complacent, such as merely listing initiatives that have been carried out, without assessing their actual impact and the areas for improvement that should be explored. He added that the MEB has comprehensively reviewed the progress of implementation and the high-impact initiatives under PuTERA35.

"The meeting also took note of the current progress in the implementation of various initiatives by GLICs in supporting the Bumiputera economic empowerment agenda, particularly in the areas of property development, entrepreneurship, talent development, and social initiatives.

"With a more integrated, focused and structured approach, I am confident that the initiatives under PuTERA35 will continue to benefit various segments of society and deliver the intended outcomes for the prosperity of the Bumiputera economy and the nation as a whole,” Anwar said in a post on his Facebook page today. - Bernama 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit stages comeback, among Asia’s best performers, says World Bank economist
PMHA hits record participation as SMEs drive sustainability push
Gold's blistering rally continues past US$5,200 as dollar plunges
Indonesia's CIMB Niaga explores IPO of Islamic unit after standalone shift, sources say
Indonesian stocks plunge as MSCI freezes index changes
Global investors turn increasingly to Hong Kong to monetize rosy growth prospects
Indonesian stocks tumble as MSCI flags investability risk
Malaysia's exports up 10.4% y-o-y, imports rose 12% y-o-y in Dec 2025
Ringgit firms to 3.9170 vs US$ at lunch break
Malaysia's export, import volume indices rise in Dec 2025 - DOSM

Others Also Read