Shared Prosperity Vision 2030
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Shared Prosperity Vision 2030
Shared Prosperity Vision 2030 ( ms, Wawasan Kemakmuran Bersama 2030), (abbreviated SPV 2030 or WKB 2030) is a government blueprint released in 2020 by the Government of Malaysia for the period of 2021 to 2030 to increase the incomes of all ethnic groups, particularly the Bumiputera comprising the B40 (lower income group), the hardcore poor, the economically poor, those in economic transition, Orang Asli, Sabah and Sarawak bumiputeras, the disabled, youths, women, children and senior citizens. Background The plan for the shared prosperity vision had been addressed and officially launched on 5 October 2019 by Prime Minister Mahathir Mohamad following the unsolved large economic gap among the Bumiputera with the failure of fair development and distribution towards the country's demographics due to widespread corruption practices and abuse of power among Bumiputera politicians and state servants which subsequently hindered many past visions for the country's development. The bl ...
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Government Of Malaysia
The Government of Malaysia, officially the Federal Government of Malaysia ( ms, Kerajaan Persekutuan Malaysia), is based in the Federal Territory of Putrajaya with the exception of the legislative branch, which is located in Kuala Lumpur. Malaysia is a federation comprising the 11 States of Malaya, the Borneo States of Sabah and Sarawak, and 3 Federal Territories operating within a constitutional monarchy under the Westminster system and is categorised as a representative democracy. The federal government of Malaysia adheres to and is created by the Federal Constitution of Malaysia, the supreme law of the land. The federal government adopts the principle of separation of powers under Article 127 of the Federal Constitution of Malaysia, and has three branches: executive, legislature and judiciary. The state governments in Malaysia also have their respective executive and legislative bodies. The judicial system in Malaysia is a federalised court system operating uniformly thr ...
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Najib Razak
Dato' Sri Haji Mohammad Najib bin Tun Haji Abdul Razak ( ms, محمد نجيب بن عبد الرزاق, label= Jawi, script=arab, italic=unset, ; born 23 July 1953) is a Malaysian politician who served as the 6th prime minister of Malaysia from April 2009 to May 2018. In 2020, he was convicted of corruption in the 1Malaysia Development Berhad scandal, one of the largest money-laundering scandals in history. He is the son of former prime minister Abdul Razak Hussein. Najib Razak was the chairman of the Barisan Nasional (BN) coalition from April 2009 to May 2018 and the president of the United Malays National Organisation (UMNO) from November 2008 to May 2018, which had maintained control of Malaysia's government with a parliamentary majority for more than sixty years until the coalition's defeat in the 2018 general election. Najib was elected to the Parliament of Malaysia in 1976, at the age of 23, replacing his deceased father in the Pahang-based seat of Pekan. In t ...
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Wawasan 2020
''Wawasan 2020'' or Vision 2020 is a Malaysian ideal introduced by the fourth and seventh Prime Minister of Malaysia, Mahathir Mohamad during the tabling of the Sixth Malaysia Plan in 1991. The vision calls for the nation to achieve a self-sufficient industrialised nation by the year 2020, encompasses all aspects of life, from economic prosperity, social well-being, educational worldclass, political stability, as well as psychological balance. To achieve Vision 2020, Mahathir lamented that the nation required an annual growth of 7% (in real terms) over the thirty-year period 1990–2020, so that the economy would be eightfold stronger than its 1990 GDP of RM115 billion. This would translate to a GDP of RM920 billion (in 1990 Ringgit terms) in 2020.Jeong Chun Hai @ Ibrahim, & Nor Fadzlina Nawi. (2007). Principles of Public Administration. Kuala Lumpur: Karisma Publications. Also see, Jeong Chun Hai. (2007). Fundamental of Development Administration. Selangor: Scholar Press. Also ...
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Oath
Traditionally an oath (from Anglo-Saxon ', also called plight) is either a statement of fact or a promise taken by a sacrality as a sign of verity. A common legal substitute for those who conscientiously object to making sacred oaths is to give an affirmation instead. Nowadays, even when there is no notion of sanctity involved, certain promises said out loud in ceremonial or juridical purpose are referred to as oaths. "To swear" is a verb used to describe the taking of an oath, to making a solemn vow. Etymology The word come from Anglo-Saxon ' judicial swearing, solemn appeal to deity in witness of truth or a promise," from Proto-Germanic '' *aiþaz'' (source also of Old Norse eiðr, Swedish ed, Old Saxon, Old Frisian eth, Middle Dutch eet, Dutch eed, German Eid, Gothic aiþs "oath"), from PIE *oi-to- "an oath" (source also of Old Irish oeth "oath"). Common to Celtic and Germanic, possibly a loan-word from one to the other, but the history is obscure and it may ultimately ...
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Dewan Rakyat
The Dewan Rakyat (English: 'House of Representatives'; ) is the lower house of the bicameral Parliament, the federal legislature of Malaysia. The chamber and its powers are established by Article 44 of the Constitution of Malaysia. The Dewan Rakyat sits in the Houses of Parliament in Kuala Lumpur, along with the Dewan Negara, the upper house. The Dewan Rakyat is a directly elected body consisting of 222 members known as Members of Parliament (MPs). Members are elected by first-past-the-post voting with one member from each federal constituency. Members hold their seats until the Dewan Rakyat is dissolved, the term of which is constitutionally limited to five years after an election. The number of seats each state or territory is entitled to is fixed by Article 46 of the Constitution. While the concurrence of both chambers of Parliament is normally necessary for legislation to be enacted, the Dewan Rakyat holds significantly more power in practice; the Dewan Negara very ...
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Cabinet Of Malaysia
The Cabinet of Malaysia ( Malay: ''Jemaah Menteri Malaysia'') is the executive branch of the Government of Malaysia. Led by the Prime Minister, the cabinet is a council of ministers who are accountable collectively to the Parliament. According to the Article 43 of the Federal Constitution, members of the Cabinet can only be selected from members of either houses of Parliament. Formally, the Yang di-Pertuan Agong appoints all Ministers on the advice of the Prime Minister. The constitution is amended by repealing the Clause (8) of Article 43, enabling a person who is a member of State Legislative Assembly to continue to serve even while serving as a minister or deputy minister in the cabinet. Ministers other than the Prime Minister shall hold office during the pleasure of the Yang di-Pertuan Agong, unless the appointment of any Minister shall have been revoked by the Yang di-Pertuan Agong on the advice of the Prime Minister but any Minister may resign from office. In practice, th ...
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Deputy Prime Minister Of Malaysia
The deputy prime minister of Malaysia ( ms, Timbalan Perdana Menteri Malaysia; ms, تيمبلن ڤردان منتري مليسيا, label= Jawi, script=arab, italic=unset) is the second-highest political office in Malaysia. There have been 15 officeholders since the office was created in 1957. The first prime minister of Malaysia, Tunku Abdul Rahman, started the convention of appointing a deputy prime minister, but some cabinets have opted not to appoint a deputy prime minister. Appointment Malaysia has always had a deputy prime minister for most of the time since independence. A prime minister may choose not to appoint a deputy prime minister. The office of deputy prime minister is not provided for in the constitution of Malaysia. At the same time, a prime minister could appoint more than one deputy prime minister, as has occurred before in Singapore. From August 1957 to May 2018, when the coalition government Barisan Nasional (BN), of which the United Malays National Org ...
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Prime Minister Of Malaysia
The prime minister of Malaysia ( ms, Perdana Menteri Malaysia; ms, ڤردان منتري مليسيا, label= Jawi, script=arab, italic=unset) is the head of government of Malaysia. The prime minister directs the executive branch of the federal government. The Yang di-Pertuan Agong appoints as the prime minister a member of Parliament (MP) who, in his opinion, is most likely to command the confidence of a majority of MPs; this person is usually the leader of the party winning the most seats in a general election. After the formation of Malaysia on 16 September 1963, Tunku Abdul Rahman, the chief minister of the Federation of Malaya, became the first prime minister of Malaysia. Appointment According to the Federal Constitution, the Yang di-Pertuan Agong shall first appoint a prime minister to preside over the Cabinet. The prime minister is to be a member of the Dewan Rakyat (House of Representatives), and who in his majesty's judgment is likely to command the confi ...
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Constitution Of Malaysia
The Federal Constitution of Malaysia ( ms, Perlembagaan Persekutuan Malaysia) which was promulgated on 16 September 1963, is the supreme law of Malaysia and contains a total of 183 articles. It is a written legal document which was preceded by two previous documents, the Federation of Malaya Agreement 1948 and the ''Merdeka'' () Constitution of 1957 of the Federation of Malaya (). The Constitution of the Federation of Malaya was used as the basis for the establishment of a new Federation known in both English and Malay as Malaysia, when the Federation of Malaya federated with the self-governing State of Singapore and the Colonies of North Borneo (now Sabah) and Sarawak as the States of Malaya, the State of Singapore, and the Borneo States of Sabah and Sarawak. The new State of Malaysia was established through the amendment 87 out of 181 Articles and 10 out of 13 Schedules of The Constitution pursuant to the Malaysia Agreement 1963 as recommended by the 1961 White Paper on Mer ...
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Malaysia Agreement
The Malaysia Agreement or the Agreement relating to Malaysia between United Kingdom of Great Britain and Northern Ireland, Federation of Malaya, North Borneo, Sarawak and Singapore (MA63) was the agreement which combined North Borneo, Sarawak, and Singapore with the existing states of the Federation of Malaya, the resulting union being named Malaysia.''See'': The UK Statute Law Database: the Acts of the Parliament of the United KingdoMalaysia Act 1963/ref>''See'': The UK Statute Law Database: the Acts of the Parliament of the United KingdoFederation of Malaya Independence Act 1957 (c. 60)/ref> Singapore was later expelled from Malaysia, becoming an independent state on 9 August 1965. Background The Malayan Union was established by the British Malaya and comprised the Federated Malay States of Perak, Selangor, Negeri Sembilan, Pahang; the Unfederated Malay States of Kedah, Perlis, Kelantan, Terengganu, Johor; and the Straits Settlements of Penang and Malacca. It ...
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Autonomy
In developmental psychology and moral, political, and bioethical philosophy, autonomy, from , ''autonomos'', from αὐτο- ''auto-'' "self" and νόμος ''nomos'', "law", hence when combined understood to mean "one who gives oneself one's own law" is the capacity to make an informed, uncoerced decision. Autonomous organizations or institutions are independent or self-governing. Autonomy can also be defined from a human resources perspective, where it denotes a (relatively high) level of discretion granted to an employee in his or her work. In such cases, autonomy is known to generally increase job satisfaction. Self-actualized individuals are thought to operate autonomously of external expectations. In a medical context, respect for a patient's personal autonomy is considered one of many fundamental ethical principles in medicine. Sociology In the sociology of knowledge, a controversy over the boundaries of autonomy inhibited analysis of any concept beyond relative ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees. This definition is based on IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, in the balance statement, revenue is a subsection of the Equity section and revenue increases equity, it is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses). In general usage, revenue is the total amount of income b ...
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