13MP: Govt to formulate social economy policy


KUALA LUMPUR: The government will formulate a social economy policy to provide a comprehensive roadmap for ecosystem development, enabling third sector players to scale up, enhance competitiveness and play a more significant role, particularly in addressing the nation’s socio-economic challenges.

According to the 13th Malaysia Plan (13MP) document, released by the Economy Ministry on Thursday (July 31), existing policies and action plans will be reviewed and streamlined to avoid overlaps and ensure they meet the current and inclusive needs of third sector players.

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