: The Madani Economy was introduced to replace the Shared Prosperity Vision 2030 as it has a comprehensive implementation framework and is in line with the current economic environment, according to Prime Minister Datuk Seri Anwar Ibrahim.
“The SPV 2030 also did not cover issues such as what we have inherited -- how much debt and deficit that the government has to bear. Hence, the current planning needs to factor in these problems. Anwar said the nation is facing postnormal times with situations that are unforeseen, contradictory and sometimes happening simultaneously, and a new policy framework is needed to cover all these values.
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