PUTRAJAYA: The nation's development will be based on the concept of "shared prosperity", where the country grows sustainably and distribution of economy is fair and inclusive, says Tun Dr Mahathir Mohamad.
The Prime Minister said the aim is to ensure “every level of the value chain, class, race and geography” can enjoy equitable growth.
He said the result of the shared prosperity vision will be fully realised by 2030, and is aimed at fostering unity among the people and celebrating cultural diversity.
“The target of this shared prosperity is to create decent standards of living for all Malaysians.
“We want to ensure the people enjoy the country's benefits fairly,” he said in a special address, in conjunction with Pakatan Harapan's first anniversary as the government.
The prime minister outlined three objectives under the shared prosperity vision - tackling income and wealth disparity, creating a progressive economy that is of high value and knowledge-based; and for Malaysia to emerge as a leading economy in Asia.
The Prime Minister also called on everyone to work together as a nation to ensure the success of the shared prosperity vision.
“A great plan will not mean anything if it is not implemented correctly or monitored for its outcome.
“Therefore, the government will continue to work hard to ensure all initiatives and pledges are executed and fulfilled, so that the future generation could enjoy the country's riches under the shared prosperity vision,” said Dr Mahathir.
For more on Pakatan’s first anniversary as the Federal Government, visit our special Recalibrating Malaysia microsite.