KUALA LUMPUR, July 14 — The Malaysian government is planning to establish a Bumiputera Prosperity Council (MKB) to help Bumiputera improve and develop their socio-economy.
The Council will be chaired by the Prime Minister Tan Sri Muhyiddin Yassin himself.
Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said this was decided at the Economic Action Council (EAC) meeting (No 15/2020) chaired by the prime minister today, according to Bernama.
“The establishment of MKB is part of the strategic intervention framework to drive and expedite the empowerment of the Bumiputera economy through efforts to increase capacity and ability across various programs.
“This is in line with the Shared Prosperity Vision 2030 (WKB 2030) that upholds three main objectives, namely development for all, addressing the income and wealth disparities, as well as building a united, prosperous, and dignified nation,” he said.