Shared Prosperity Vision 2030 (Malay: 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.
[1][2][3] 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.
[1][6] According to the executive director of Socio-Economic Research Centre Lee Heng Guie, Malaysia is positioned at a critical juncture as the country's aspiration of becoming a developed high-income country by 2023 is being challenged by many structural impediments and weaknesses domestically as well as increasing complexity in the external environment, with decisive and bold reforms needed in ensuring sustainable and inclusive economic growth in the longer term - where he added that the success can be achieved only if the plan is executed efficiently.
[10] Meanwhile, former Prime Minister Najib Razak criticise the PH's government over the alleged miscalculation for the target of Malaysia's gross domestic product (GDP) to reach RM3.4 trillion by 2030 under the vision although it was debunked by Economic Affairs Minister Mohamed Azmin Ali who said it was Najib "confusion".
He added that the Prime Minister, Deputy Prime Minister, Cabinet and Dewan Rakyat members having taken their oath and declared to uphold, safeguard and defend the constitution in discharging their duties therefore it is not only their moral responsibility, but the duty of the entire federal cabinet to carry out the oath and pledge as contained in the constitution by returning what is owed to the state.