Malaysia: Embattled Azmin unveils shared prosperity model

  • The Economic Affairs Ministry is seeking feedback from all stakeholders to ensure the success of Pakatan Harapan’s new economic model of “shared prosperity” for all.
  • Economic Affairs Minister Mohamed Azmin Ali, who is currently facing his greatest challenge in his political career as a result of a leaked sex video, said the consultation would include getting feedback from employees, businesses and industry players.
  • He added that the shared prosperity economic model must reduce the economic and income gap, especially among Malays, orang asli, indigenous Sabahans and Sarawakians, and the poor.
  • Azmin, who is also the PKR deputy president, said his ministry was the driver behind the implementation of the shared prosperity model.
  • The shared prosperity model was announced by Prime Minister Dr Mahathir Mohamad in conjunction with the Pakatan Harapan government’s first anniversary on 10 May 19.
  • He said the new direction aimed to ensure that the people reap the fruits of economic prosperity and at the same time, resolve economic problems.
  • The shared prosperity approach would see Malaysia continue its path of sustainable development in line with the equitable growth of each value chain, class, community and geography to create a sense of harmony and stability among the people by 2030.

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