PETALING JAYA: The G25 group of prominent retired civil servants has expressed its support for Prime Minister Anwar Ibrahim’s new Madani economic policy, but urged that institutional reforms for good governance must be upheld.
In a statement, G25 commended the policy’s focus on achieving sustainable GDP growth while ensuring equitable distribution of economic opportunities across all levels of Malaysian society.
“This is linked to at least two of the six core values of the ‘Masyarakat Madani’ concept – Sustainability, Prosperity, Innovation, Respect, Trust, and Compassion. Ensuring equitability directly contributes to Prosperity and Compassion,” it said.
The group also said the policy was consistent with Anwar’s long-standing belief that mere economic growth does not create fairness and justice.
“The prime minister believes that the government itself must act decisively to bring about the distributive objective,” it said.
However, G25 said it was important to complement the economic development objectives with reforms that uphold fundamental liberties and human rights as enshrined in the Federal Constitution.
These reforms include removing the prosecutorial function of the Attorney General, creating an independent office for the Director of Public Prosecutions, establishing the Independent Police Complaints and Misconduct Commission (IPCMC) to oversee police conduct, and revamping the Judicial Appointments Commission Act (JAC Act) to ensure an impartial judiciary.
“The reforms are fundamental so that the business community, the local and foreign investors, and our talent pool of skilled and professional manpower will be more confident about the country’s future as a stable multiracial country,” it added.
On Thursday, Anwar launched his vision of a new “Madani economy” aimed at restoring Malaysia as an economic leader in the Southeast Asian region.
The plan aims to achieve seven key targets within 10 years, including making the education system more demand-driven, especially in strengthening cooperation with industries and employers.