Economic growth should translate into tangible social progress, says Perak Ruler


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KUALA LUMPUR: A strong economy cannot exist if public welfare is sidelined, which is why Asean leaders must ensure that social progress moves in tandem with economic growth, said Perak Ruler Sultan Nazrin Muizzuddin Shah. 

Sultan Nazrin said strong growth is seen in the Islamic finance industry, which surpassed US$5 trillion globally, but the fact is that millions of residents within Asean remained marginalised by poverty, inadequate infrastructure and under-provision. 

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