The Forum on the New Sabah – New Challenges, New Realities and New Opportunities reviews the achievements and successes of the new State Government after one year, since the May 2018 General Elections. Sabah has entered a new era with the new State Government in place since May 2018. It has heralded a new Sabah – a new sense of direction and new hopes and aspirations for the State and People of Sabah.
After one year it will be apt and timely to review the new reality and new challenges as well as new opportunities in the State. The Forum will bring together Government, Business, Academic and Civil Society participants to discuss the key issues and trends impacting on the growth and sustainable development of Sabah.
The Forum will enable participants to feel the pulse of development in Sabah and discuss the way forward. It will address Sabah’s development from a wholistic perspective – inclusive and sustainable development, peace and prosperity, security and stability and inter-ethnic and religious harmony.
The recent announcement by Prime Minister Tun Dr Mahathir Mohamad on the new economic model based on “shared prosperity” is much welcomed and a refreshing change. This new economic model, if implemented well and with fairness and justice, will give hope to Malaysians who all aspire for a better shared future. In fact, this shared prosperity model can be the new common vision for Malaysia beyond Vision 2020.
To achieve this vision of shared prosperity, I believe the following key factors must be emphasised and given priority..
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TOWARDS A NATIONAL INCLUSIVE AND SUSTAINABLE ECONOMIC POLICY (NISEP)
The Kingsley Strategic Institute (KSI) calls on the Government and the Economic Action Council to introduce a National Inclusive and Sustainable Economic Policy (NISEP) to better prepare Malaysia to face the challenges of a VUCA World (Volatile, Uncertain, Complex and Ambiguous).
The VUCA World requires new thinking, new strategies and new policies.
We propose that the National Inclusive and Sustainable Economic Policy (NISEP) comprises five key strategic thrusts: