Gov't to establish Bumiputera Prosperity Council to empower bumiputera economy

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The government will establish a Bumiputera Prosperity Council (BPC) which will become the highest platform in efforts to empower the socio-economic development of the bumiputera community. Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed (above) said the BPC would be chaired by the Prime Minister Muhyiddin Yassin. Mustapa said this was decided at the Economic Action Council (EAC) meeting that was chaired by the prime minister yesterday. "The establishment of the BPC 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 programmes. "This is in line with the Shared Prosperity Vision 2030 (SPV 2030) that upholds three main objectives, namely development for all, addressing the income and wealth disparities, as well as building a unit…