Bumiputera Agenda targets clearer in 12MP

Date:

KUALA LUMPUR: The Bumiputera Agenda included in the 12th Malaysia Plan (12MP) tabled yesterday has clearer targets that involve the contributions of the Bumiputera Gross Domestic Product (GDP), Malay Economic Action Council (MTEM) senior fellow, Ahmad Yazid Othman said.

He said the initiative was also in line with the aspiration stated in the 2030 Shared Prosperity Vision (WKB2030), apart from the plan to set several targets not based on the equity but according to the contributions to the GDP and household income.

“This shows that the government wants to shift to a strategy which is more focused on not just equity but more towards contribution to the GDP and household income by using the median to reflect the current reality,” he told Bernama here today.

Ahmad Yazid said the household income especially for Bumiputera must be identified clearly so as to be in line with all the plans and to achieve the objectives set in the 12MP.

“We must relook into it to ensure we don’t have a situation whereby the rich become richer and the poor stay poor. The issue is to ensure the household income, especially Bumiputera achieves what is in line with the GDP contribution findings,” he said.

He also expressed appreciation over the reestablishment of the Bumiputera Prosperity Division with a clearer mandate and functions under the 12MP.

Yesterday, Prime Minister Datuk Seri Ismail Sabri Yaakob, when tabling the 12MP at Dewan Rakyat, gave his assurance that the Bumiputera Agenda would continue to be empowered and would not be neglected.

He said this was enshrined in Article 153 of the Federal Constitution which gave rights and privileges to Malays and the natives of Sabah and Sarawak, as well as the legitimate interests of other races.

Meanwhile, Malay Consultative Council secretary-general Datuk Dr Hasan Mad said he hoped the government would not empower the Bumiputera Agenda separately from the national agenda and the group should be given assistance when the need arises.

“It doesn’t mean that every Bumiputera entrepreneur who is already viable and competitive on the global stage be given the same treatment as the less competitive.

“Let’s assume he is already successful and suddenly his business collapsed, not because he is negligent or a spendthrift, but because of market conditions.

“In such a situation, he must be assisted on how to restructure his loans, his business…it is in such a situation the government must intervene,” he said.

At the same time, Hasan also expressed appreciation for the reestablishment of the Bumiputera Prosperity Division and hoped the ministries and agencies could understand the scope of their respective assignments so that old problems would not recur.

He said Bumiputera Agenda Steering Unit (Teraju) must also understand that they were only the secretariat to the Bumiputera Agenda while the implementers were the ministries and agencies. – Bernama  

Taib attends state banquet

KUCHING: Head of State Tun Pehin Sri Abdul Taib Mahmud with his wife, Toh Puan Datuk Patinggi Raghad Kurdi Taib attended a state banquet...

Share post:

Our Opinion

More like this
Related

Job opportunities in regards to land

THE new definition of air rights and clarification of...

Man released on good behaviour bond over machete possession

KUCHING: A man was released on a two-year good...

State to gain with control over spectrum

KUCHING: Amendments to the Land Code will enable Sarawak...

Carbon storage sites promise new revenue

By Fasiha Khushiri KUCHING: The setting up of carbon storage...

Trapped lorry driver freed by firefighters

BETONG: An injured lorry driver was trapped in his...

Sarawak to introduce its climate policy soon

KUCHING: The Sarawak government will issue its own climate...

Man, 73, among Indonesian illegals detained at border

SAMARAHAN: A 73-year-old illegal immigrant was among those detained...

Amendment will ensure environmental sustainability

CARING for the environment is no longer an option...

Top Dayak students get cash incentives

MIRI: A total 104 top students here received cash...

Illegal firecrackers seized, man held

KUCHING: Firecrackers worth RM42,030 were seized from a premises...

Youth held for taking drugs

BAU: A 22-year-old man was arrested at Kampung Tabong...

GIACC’s proposals to be tabled at next JKKMAR, Cabinet meetings

KUCHING: Minister in the Prime Minister’s Department (Parliament and...