Anwar: Co-op movement clear economic agenda that needs public support

The cooperative movement is a clear economic agenda for the people, and a goal for reforms that needs to be supported and strengthened, said Prime Minister Anwar Ibrahim.

He also said the cooperative movement is a way to empower the people economically and reduce economic dependence on the success of investors and large companies.

“As we talk about the Madani economy, we know the growth of domestic and large foreign investments and the strength of the country's economy depend on the strength of institutions and large companies.

“But for reform-minded individuals, they know that all economic successes must be empowered for the people through an idea that is already deeply rooted in our country, namely the cooperative movement,” he said at a dinner organised by Koperasi Keadilan yesterday.

Anwar, who is also PKR president, said the cooperative movement was also another step taken by the party in not resorting to old political practices of amassing wealth for the party when in power.

“This is an important initiative and the party should realise that politics is not just about power or personal interest, it is about dedicating ourselves to the reform agendas in various things. Alhamdulillah, to an extent, we did that quite successfully.

“All party (PKR) leaders without exception, must show our commitment to support this reform agenda. I will be monitoring those who do not help make it a success,” Anwar added.

Meanwhile, Economy Minister Rafizi Ramli, who is also PKR deputy president, said the cooperative is expected to launch a grocery store and a childcare centre in the first quarter of next year.

“The cooperative will help PKR open new opportunities for members to continue to serve the community not only as a political entity but also as a social enterprise,” he said.

- Bernama

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