The 12th Malaysia Plan has thankfully been torn-up and replaced with a new and more significant pivot in economic reform.The mid-term review started less than a year later, suggesting it was wrong from the start. It’s been only two years from launch and we already have a complete revision and a whole new vision.
Malaysia Plans are straight out of the old-style development economics of the 1960s and 1970s. They are interventionist and not uncommon in socialist or communist countries. They have failed. These are so much more realistic than the NIMP launched only two weeks ago and they focus on existing expertise and real growth opportunities.
Competitiveness and improvements in business regulations aim to boost domestic direct investment and foreign direct investment . The eradication of hard-core poverty has already been targeted by the end of 2023 and the People’s Income Initiative aims to complement existing poverty eradication programmes and initiatives to help low-income groups diversify income sustainably and avoid falling back into the poverty trap.
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Anwar tables mid-term review of 12th Malaysia plan at Dewan RakyatKUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim today tabled the 12th Malaysia Plan (12MP) Mid-Term Review (MTR) with the theme Malaysia Madani:...
Source: theSundaily - 🏆 25. / 51 Read more »
PM Anwar tables mid-term review of 12th Malaysia Plan at Dewan RakyatKUALA LUMPUR, Sept 11 — Prime Minister Datuk Seri Anwar Ibrahim today tabled the 12th Malaysia Plan (12MP) Mid-Term Review (MTR) with the theme Malaysia Madani: Sustainable,...
Source: malaymail - 🏆 1. / 86 Read more »
Report: 12MP set to achieve annual GDP growth of 5.0-5.5%; GNI of RM61,000 in 2025KUALA LUMPUR: Malaysia’s economy is on track to grow between 5.0 and 5.5 per cent per annum for the remainder of the 12th Malaysia Plan (12MP), driven...
Source: theSundaily - 🏆 25. / 51 Read more »
Report: 12MP set to achieve annual GDP growth of 5.0-5.5pc; GNI of RM61,000 in 2025KUALA LUMPUR, Sept 11 — Malaysia’s economy is on track to grow between 5.0 and 5.5 per cent per annum for the remainder of the 12th Malaysia Plan (12MP), driven by domestic...
Source: malaymail - 🏆 1. / 86 Read more »
12th Malaysia Plan mid-term review to be tabled in Parliament todayKUALA LUMPUR: The 12th Malaysia Plan (12MP) Mid-Term Review (MTR) is set to be tabled by Prime Minister Datuk Seri Anwar Ibrahim at the special meeting of the Dewan Rakyat on Monday (Sept 11).
Source: staronline - 🏆 4. / 75 Read more »
Anwar: 12MP MTR to unravel country’s development, people’s socioeconomic well-beingKUALA LUMPUR: The 12th Malaysia Plan (12MP) Mid-Term Review (MTR) slated to be tabled at the Dewan Rakyat today will unravel various matters related t...
Source: theSundaily - 🏆 25. / 51 Read more »