Malaysia

Putrajaya launches plan to drive Bumi agenda

Putera35 to 'raise status and dignity' of target group.

Updated 1 year ago · Published on 20 Aug 2024 12:06PM

Putrajaya launches plan to drive Bumi agenda
Prime Minister Anwar Ibrahim says the existence of Putera35 does not mean that the interests of the other races would be set aside. – The Vibes file pic, August 20, 2024.

THE government’s new Bumiputera economic transformation plan 2035 (Putera35) is a major shift in advancing Bumiputera development towards making Malaysia a regional economic leader, Prime Minister Anwar Ibrahim said.

Anwar, who is also the finance minister, said as times change, the country needs a new plan that will drive the Bumiputera agenda to greater heights.

“The country should be driven with a more convincing level of speed, but at the same time, no one must be left behind.

“The idea is that the economic drive should be done with the participation of all people without marginalising any ethnicity, tribe or territory across the country,” he said at the launch of the plan last night in Putrajaya.

Putera35 was introduced to raise the status and dignity of Bumiputera in line with the aspirations of the Madani economy, which are to empower the people and drive sustainable development.

It encompasses three core areas, 12 growth drivers, and 132 comprehensive initiatives in empowering and advancing the Bumiputera.

The prime minister said the existence of Putera35 does not mean that the interests of the other races would be set aside.

“The Bumiputera-related policy in Malaysia is always an affirmative policy to think and reflect on the situation of injustice, but never to set aside the interests of Indian children, Chinese children, let alone the children of Bumiputera, Orang Asli or the natives of Sabah and Sarawak,” he said.

 Anwar urged all Bumiputera empowerment agencies to plan their programmes responsibly and with full accountability.

He said those who manage Bumiputera agencies would be considered the biggest traitors if they succumbed to corruption and poor governance.

“So of course, Bumiputera agencies must ensure that the implementation of their programmes is more thorough, more efficient, more responsible,” he said.

Anwar said enforcement agencies, including the MACC, police, the Inland Revenue Board, could also play a role in monitoring Bumiputera empowerment agencies to ensure the success of Putera35.

“Recently, more power was given to the auditor-general to come in and monitor (Bumiputera agencies) as a prerequisite.

“Otherwise, there will still be leakages even if we pour in tens of billions of ringgit because the impact does not reach the grassroots, the people won’t like it when the plan sounded great, but the implementation did not,” he said.

The economy ministry, in a statement in conjunction with the Putera35 launch, said the implementation of the plan will be fully monitored by the Bumiputera economic council chaired by the prime minister.

“Systematic and integrated reporting and monitoring through the dashboard will enable a more comprehensive assessment and intervention measures can be taken immediately,” it said.

The role of the Bumiputera agenda empowerment unit in all ministries will also be empowered and given the responsibility to implement and closely monitor efforts at the ministry and agency levels.” – August 20, 2024.

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