Govt to draft new economic policy for Malays

PUTRAJAYA : A new economic policy for the Malays, which can contribute to the wealth of the nation and can be shared by all Malaysians based on the concept of “shared prosperity”, will be drawn up, says Datuk Seri Azmin Ali (pic).

The Economic Affairs Minister said the new policy, taking into account growth and equality, would help to brace against current economic challenges.

“It will also reflect the spirit of inclusiveness and justice that can contribute to wealth-sharing for all Malaysians,” he said in a statement.

However, no details on the policy was provided.

Azmin said he supported Prime Minister Tun Dr Mahathir Moha-mad’s commitment towards Pakatan Hara­pan’s pledge to defend the

rights and interests of Malays and

bumiputra.On his visit to Kelantan last week, the minister said it had opened a new chapter in strengthening the relations between the federal and state governments, adding that the good ties would boost the economy, especially those in the rural areas.

“We will continue with efforts to boost the status of the Felda community and smallholders, who are struggling with legacies of the past administration.

“For this purpose, the government is considering new initiatives that are more proactive to guarantee the sustainability of the plantation and agriculture sectors,” he said.

These efforts, he said, would boost the income and purchasing power of the rural folk.

Azmin said they would embark on a series of discussions and engagements with stakeholders in the economic sector.

“They include chambers of commerce, government-linked companies, non-governmental organisations and economic experts.

“With the people united and committed to seeing the success of this agenda, God willing, our economy will go back on track and be able to compete in the global market,” said Azmin.