Daim: SPV 2030 will eliminate poverty, but only if done properly

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Daim: SPV 2030 will eliminate poverty, but only if done properly
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PETALING JAYA: Proper implementation is key to ensure the success of the Shared Prosperity Vision 2030 (SPV 2030) in alleviating poverty in Malaysia, says former finance minister Tun Dr Daim Zainuddin.

"We have to make sure that there is no corruption," said Daim, who is also the government's adviser, at a forum on poverty at Sunway University on Wednesday .

However, Daim said that he was unsure the origin of the 30% target for Bumiputeras under the NEP, a policy adopted in 1971."According to that time, 30% was the best figure, but no science ," he said. The NEP was formed in the aftermath of the May 13,1969 racial riots, which happened due to economic disparity between the different race groups.

Daim urged Malaysia to focus on its agri-food sector and diversify into other agriculture produce in order to boost the nation's source of income."Give children the best education and the rest will take care of itself.

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